On 1/5/24, Axogen Inc (NASDAQ: AXGN) stock enjoyed a major increase of 26.7%, closing at $8.55. Moreover, this advance was accompanied by exceptionally high trading volume at 264% of normal. The stock has risen 22.3% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AXGN is expected to be Value Creation neutral.
Axogen has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Axogen has a slightly negative Power Rating of 33 and a very low Appreciation Score of 6, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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