Inogen Inc (NASDAQ: INGN) stock closed at $8.24 on 5/8/24 after a major increase of 12.9%. Moreover, trading volume in this advance was exceptionally high at 258% of normal. The stock has risen 21.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, INGN is expected to continue to be Value Creation neutral.
Inogen 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. Inogen has a poor Appreciation Score of 29 but a good Power Rating of 82, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive 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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