How to buy Appen shares | A$32.5
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Appen Limited is an information technology services business based in Australia. Appen shares (APX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $32.5 – an increase of 0.46% over the previous week. Appen has a trailing 12-month revenue of around $596.5 million.
How to buy shares in Appen
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Appen. Find the share by name or ticker symbol: APX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Appen reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $32.5, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Appen. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
How has coronavirus impacted Appen's share price?
Since the stock market crash in March caused by coronavirus, Appen's share price has had significant positive movement.
Its last market close was $32.5, which is 22.25% up on its pre-crash value of $25.27 and 107.01% up on the lowest point reached during the March crash when the shares fell as low as $15.7.
If you had bought $1,000 worth of Appen shares at the start of February 2020, those shares would have been worth $678.81 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,264.25.
Appen share priceUse our graph to track the performance of APX stocks over time.
Appen shares at a glance
|Latest market close||AUDA$32.5|
|52-week range||AUDA$15.7 - AUDA$43.66|
|50-day moving average||AUDA$35.9509|
|200-day moving average||AUDA$30.0762|
|Dividend yield||AUDA$0.09 (0.28%)|
|Earnings per share (TTM)||AUDA$0.369|
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Is it a good time to buy Appen stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Appen price performance over time
|1 week (2020-09-14)||3.04%|
|1 month (2020-08-21)||-18.91%|
|3 months (2020-06-19)||-3.93%|
|6 months (2020-03-20)||75.87%|
|1 year (2019-09-20)||48.40%|
|2 years (2018-09-21)||137.92%|
|3 years (2017-09-21)||551.30%|
|5 years (2015-09-21)||3,285.42%|
Is Appen under- or over-valued?
Valuing Appen stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Appen's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Appen's P/E ratio
Appen's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 86x. In other words, Appen shares trade at around 86x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Appen's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $82 million (£0.0 million).
The EBITDA is a measure of a Appen's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$596.5 million|
|Operating margin TTM||10.47%|
|Gross profit TTM||$138.3 million|
|Return on assets TTM||6.18%|
|Return on equity TTM||9.35%|
|Market capitalisation||$3.9 billion|
TTM: trailing 12 months
Appen share dividends
Dividend payout ratio: 24.37% of net profits
Recently Appen has paid out, on average, around 24.37% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.28% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Appen shareholders could enjoy a 0.28% return on their shares, in the form of dividend payments. In Appen's case, that would currently equate to about A$0.09 per share.
While Appen's payout ratio might seem low, this can signify that Appen is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 31 August 2020 (the "ex-dividend date").
Appen share price volatility
Over the last 12 months, Appen's shares have ranged in value from as little as $15.7 up to $43.66. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Appen's is 1.2813. This would suggest that Appen's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Appen Limited, together with its subsidiaries, provides data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers, and government agencies in Australia, the United States, and internationally. It operates through two divisions, Relevance and Speech and Image. The Relevance division offers annotated data used in search technology embedded in Web, e-commerce, and social engagement for enhancing relevance and accuracy of search engines, social media applications, and e-commerce. The Speech and Image division provides annotated speech, natural language, and image data used in speech and image recognizers, machine translation, speech synthesizers, and other machine-learning technologies. The company was formerly known as Appen Holdings Pty Limited and changed its name to Appen Limited in October 2014. Appen Limited was founded in 1996 and is headquartered in Chatswood, Australia.
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