Xero |
High $118.99 |
Low $116.44 |
Trades 16,978 |
Turnover $57,250,625 |
Volume 483,654 |
| 30 June 2023 at 4:12pm | ||||
|
Market Cap (14-Nov) $13,238,715,392 (32nd) |
Close (30-Jun) $118.93 |
Volume (30-Jun) 483,654 |
Shortsold (9-Nov) 12,044,450 (7.06%) (44th) |
|
52w High $126.39 |
52w Low $55.09 |
P/E 65.79 |
EPS -0.17 |
[ARTICLE] Why Appen’s big problem is that it’s not a tech company
A news article has been posted about Xero on the AFR. The article was published around , on 19 June 2022 at 2:00pm.
James Brickwood At the heart of Appen’s woes, analysts say, is one simple fact – it is still a services business, not a technology business. That brings a range of consequences, including the project-related nature of its revenue (compared to the typically high recurring revenue base of software-as-a-service companies such as Xero and WiseTech) and a significant concentration in its core customers.
Read ArticleXRO was $73.52 at the close of trade on 17 June 2022
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