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Published on 14 Mar 2024 on Simply Wall St. via Yahoo Finance

Should You Investigate Appen Limited (ASX:APX) At AU$0.80?


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While Appen Limited (ASX:APX) might not have the largest market cap around , it saw a significant share price rise of 202% in the past couple of months on the ASX. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Today we will analyse the most recent data on Appen’s outlook and valuation to see if the opportunity still exists.

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