On 11/7/24, Axogen Inc (NASDAQ: AXGN) stock suffered a major decline of -13.4%, closing at $13.27. Moreover, trading volume in this decline was exceptionally high at 282% of normal. The stock has declined -8.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Axogen has a very low Appreciation Score of 10 but a very high Power Rating of 97, resulting in 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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