Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Axogen Inc (NASDAQ: AXGN) improved in the last week. AXGN’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/18/24, Axogen Inc (NASDAQ: AXGN) stock rose modestly by 0.4%, closing at $7.71. Moreover, above average trading volume at 132% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -11.9% during the last week.
Current PriceTarget Research Rating
AXGN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Axogen has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Axogen has a very low Appreciation Score of 10 but a good Power Rating of 82, with the Low Neutral Value Trend Rating the result.
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