Inogen Inc (NASDAQ: INGN) stock enjoyed a major increase of 15.4% on 1/5/24. The shares closed at $6.07. Moreover, trading volume in this advance was exceptionally high at 737% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 8.7% during the last week.
Current PriceTarget Research Rating
INGN is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Inogen has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Inogen has a slightly positive Appreciation Score of 65 but a very low Power Rating of 1, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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