Axogen Inc (NASDAQ: AXGN) stock suffered a major decline of -10.4% on 5/2/24. The shares closed at $5.88. Moreover, trading volume in this decline was above average at 127% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.4% 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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Axogen has a very low Appreciation Score of 15 but a very high Power Rating of 87, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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