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The latest announcement is out from Appen ( (AU:APX) ).
Appen Limited has announced the issuance of 707,939 fully paid ordinary shares following the vesting of performance and retention rights. This move reflects Appen’s compliance with relevant corporate regulations and indicates a strategic step in enhancing shareholder value, potentially impacting its market positioning positively.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
More about Appen
Appen Limited operates in the technology industry, specializing in data solutions and services. The company focuses on providing high-quality training data for machine learning and artificial intelligence applications, serving a global market with its comprehensive data annotation and collection services.
Average Trading Volume: 6,556,366
Technical Sentiment Signal: Sell
Current Market Cap: A$226.5M
For detailed information about APX stock, go to TipRanks’ Stock Analysis page.