Appen (OTCMKTS:APPEF) Trading 6.3% Higher – Still a Buy?

Appen Limited (OTCMKTS:APPEFGet Free Report) shares rose 6.3% during mid-day trading on Monday . The company traded as high as $0.51 and last traded at $0.51. Approximately 10,100 shares changed hands during mid-day trading, an increase of 445% from the average daily volume of 1,854 shares. The stock had previously closed at $0.48.

Appen Trading Up 6.3%

The firm’s 50-day moving average price is $0.51 and its two-hundred day moving average price is $0.61.

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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