Axogen Inc (NASDAQ: AXGN) has reported a loss for its fourth fiscal quarter (ending December 31) of $-0.09 versus a loss $-0.13 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $-0.51 compared to $-0.69 a year ago.
Recent Price Action
Axogen Inc (NASDAQ: AXGN) stock closed at $8.99 on 3/5/24 after a major decline of -15.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 236% of normal. The stock has declined -14.0% during the last week but has been 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, AXGN is expected to be Value Creation neutral.
Axogen 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. Axogen has a very low Appreciation Score of 5 but a good Power Rating of 78, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and highly negative 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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