Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Appen ( (AU:APX) ) has issued an announcement.
Appen Limited announced the issuance of 3,216,733 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, reflecting the company’s strategy to incentivize and retain talent crucial for its operations in the competitive AI and machine learning sector.
The most recent analyst rating on (AU:APX) stock is a Buy with a A$0.80 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 artificial intelligence and machine learning industry, providing data solutions and services that enhance AI systems. The company focuses on offering high-quality data necessary for training AI models, catering to a global market that includes technology companies and other industries leveraging AI technologies.
Average Trading Volume: 9,690,809
Technical Sentiment Signal: Sell
Current Market Cap: A$300.7M
For a thorough assessment of APX stock, go to TipRanks’ Stock Analysis page.