Appen (OTCMKTS:APPEF) Trading 128.4% Higher – Still a Buy?

Appen Limited (OTCMKTS:APPEFGet Free Report)’s stock price rose 128.4% during trading on Friday . The company traded as high as $1.3250 and last traded at $1.3250. Approximately 400 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 3,333 shares. The stock had previously closed at $0.58.

Appen Price Performance

The stock has a 50-day simple moving average of $0.55 and a 200-day simple moving average of $0.59.

About Appen

(Get Free Report)

Appen Ltd. is a global leader in providing high-quality training data for machine learning and artificial intelligence applications. Founded in 1996 and based in Sydney, Australia, the company specializes in data collection and annotation services that enable organizations to develop, enhance and deploy AI-driven systems. Appen’s solutions support a wide range of use cases, including natural language processing, speech recognition, computer vision and search relevance optimization.

Appen’s core offerings encompass the creation and management of custom datasets across text, audio, image and video modalities.

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