On 2/28/24, Inogen Inc (NASDAQ: INGN) stock suffered a major decline of -32.7%, closing at $6.29. Moreover, trading volume in this decline was exceptionally high at 415% of normal. Relative to the market the stock has been weak over the last nine months and has declined -33.7% during the last week.
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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Inogen has a neutral Appreciation Score of 46 but a very low Power Rating of 10, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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