Inogen Inc (NASDAQ: INGN) stock closed at $11.09 on 11/8/24 after a major increase of 17.2%. Moreover, this advance was accompanied by exceptionally high trading volume at 499% of normal. The stock has risen 27.0% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Inogen has a poor Appreciation Score of 22 but a very high Power Rating of 88, producing the Neutral Value Trend Rating.
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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