Appen (OTCMKTS:APPEF) Trading Down 50.2% – Here’s Why

Shares of Appen Limited (OTCMKTS:APPEFGet Free Report) dropped 50.2% on Thursday . The company traded as low as $0.92 and last traded at $0.92. Approximately 1,000 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 2,620 shares. The stock had previously closed at $1.84.

Appen Price Performance

The stock has a 50 day moving average of $1.59 and a two-hundred day moving average of $1.30.

About Appen

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Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through two segments, Global Services and New Markets. The company provides a platform for the AI data development process.

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