Appen Ltd traded at 1.36 this Monday February 23rd, decreasing 0.10 or 6.85 percent since the previous trading session. Looking back, over the last four weeks, Appen lost 17.24 percent. Over the last 12 months, its price fell by 52.78 percent. Looking ahead, we forecast Appen Ltd to be priced at 1.43 by the end of this quarter and at 1.34 in one year, according to Trading Economics global macro models projections and analysts expectations.
Appen Limited (Appen) is an Australia-based company. The Company is engaged in providing data services for deep learning and generative artificial intelligence (AI) systems. The Company operates through two segments: Global Services and New Markets. The Global Services represent the services that the Company provides to its five United States technology customers (Global customers) using the customer''s data annotation platforms and tools. New Markets comprise Appen''s data annotation platform and tools (Global Product), and the enterprise, government, and China business units. New Markets also include Quadrant geolocation and Point-of-Interest (POI) data capabilities. Its Annotation Platform is the platform that both customers and internal teams used to design, run and manage data annotation tasks. The Company serves various industries, including technology, automotive, financial services, healthcare, retail, and government agencies.