Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $16.11 in the prior trading day, Axogen Inc (NASDAQ: AXGN) closed at $14.56, down -9.62%. In other words, the price has decreased by -$9.62 from its previous closing price. On the day, 0.91 million shares were traded. AXGN stock price reached its highest trading level at $16.18 during the session, while it also had its lowest trading level at $14.1707.
Ratios:
Our goal is to gain a better understanding of AXGN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.47 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on July 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $13.
Canaccord Genuity Upgraded its Hold to Buy on May 09, 2022, whereas the target price for the stock was revised from $10 to $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Zaderej Karen L. bought 70,000 shares for $12.71 per share.
Zaderej Karen L. bought 150,000 shares of AXGN for $1,950,000 on Sep 05 ’24. On Aug 21 ’24, another insider, Donovan Michael Patrick, who serves as the Officer of the company, bought 28,003 shares for $12.42 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXGN now has a Market Capitalization of 708972992 and an Enterprise Value of 687537280. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.48 while its Price-to-Book (P/B) ratio in mrq is 6.44. Its current Enterprise Value per Revenue stands at 3.802 whereas that against EBITDA is -372.044.
Stock Price History:
Over the past 52 weeks, AXGN has reached a high of $17.23, while it has fallen to a 52-week low of $5.55. The 50-Day Moving Average of the stock is 1.19%, while the 200-Day Moving Average is calculated to be 36.23%.
Shares Statistics:
The stock has traded on average 368.46K shares per day over the past 3-months and 542210 shares per day over the last 10 days, according to various share statistics. A total of 44.00M shares are outstanding, with a floating share count of 41.50M. Insiders hold about 5.69% of the company’s shares, while institutions hold 83.87% stake in the company. Shares short for AXGN as of 1734048000 were 1014406 with a Short Ratio of 2.75, compared to 1731628800 on 1048007. Therefore, it implies a Short% of Shares Outstanding of 1014406 and a Short% of Float of 2.74.
