Market Mover | Appen shares jump 12.50%, maintaining an ascending trend
Market Mover | Appen shares jump 12.50%, maintaining an ascending trend
Support: A$1.52Appen shares jumped 12.50% on Monday, with trading volume expanding to A$22.14 million within the first three hours of trading. Appen has risen 22% in the past week, with a cumulative gain of 214.29% year-to-date.
Appen股票在周一上涨12.50％，交易量在开盘的前三个小时内扩大到A$2214万。Appen在过去一周上涨了22％，年初累计增幅为214.29％。
Appen technical analysis chart:
Appen技术面分析图表：
Technical Analysis:
技术面分析：
Support: A$1.52
支撑位：A$1.52
Resistance: A$2.2
压力位：A$2.2
Price range A$1.52 to A$2.2: The trading range indicates a heavy concentration of buy orders, accumulating a significant amount of profit-taking positions, which raises the risk of selling pressure. The stock price is in an upward trend with strong momentum. It repeatedly touched around A$2.20, creating a certain upward resistance. It is necessary to observe whether the stock price can effectively break through the A$2.20 level. In the event of a decline, attention should be paid to whether support near A$1.52 is effective.
A$1.52至A$2.2的价格区间：交易区间显示买入订单集中，积累了大量获利位置，增加了卖压风险。股价呈上升趋势并具有强劲的动能。它多次接近A$2.20左右，形成了一定的上行压力。需要观察股价是否能够有效突破A$2.20的水平。在出现下跌时，应注意A$1.52附近的支撑位是否有效。
Market News :
市场资讯：
Appen’s H1 results reflect a stabilisation and return to revenue growth during Q2 FY24. Group operating revenue of $113.4 million decreased 18.4%, primarily due to termination of Google contract. Excluding the impact of Google, revenue decreased a modest 1.5%. New Markets revenue of $49.8 million up 28.3%, benefiting from strong growth in China and Global Product. Underlying net loss after tax4 of ($11.8) million, a $22.4 million improvement compared to pcp.
Appen上半年业绩反映出在2024财年第二季度实现了收入增长的稳定。集团营业收入为11,340万美元，下降18.4％，主要是由于终止Google合同。不包括Google的影响，营业收入略有下降，仅下降1.5％。新市场收入为4,980万美元，增长28.3％，受益于中国和全球产品的强劲增长。扣除税后的核心净亏损为（1180万）美元，与去年同期相比改善了2,240万美元。
FY24 will mark the first full year of realizing the benefits from the $60 million cost reduction initiative undertaken in FY23. The company maintains a strong emphasis on achieving a positive cash EBITDA, with the goal of becoming cash EBITDA positive on a run-rate basis in the early part of the second half of FY24.
FY24将标志着创下自FY23年启动的6000万美元成本削减计划实现收益的第一个完整年度。公司强调实现正现金EBITDA，并旨在在FY24上半年的初期达到正现金EBITDA的运行率。
Overall Analysis:
总体分析：
Fundamentally, focus on the company's performance and operational status. Technically, pay attention to whether the support levels hold and if the resistance levels can be effectively breached.
基本上，关注公司的业绩和运营状况。从技术上讲，要注意支撑位能否持稳，以及阻力位是否能被有效突破。
In this scenario, investors should adopt a cautious strategy, setting stop-loss points to manage risk and maintaining ongoing vigilance regarding company developments and market conditions.
在这种情况下，投资者应采取谨慎的策略，设置止损点来管理风险，并对公司发展和市场情况保持持续警惕。
Source: Appen
来源：Appen
