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Axogen Inc. (NASDAQ: AXGN) closed the day trading at $11.26 up 3.59% from the previous closing price of $10.87. In other words, the price has increased by $3.59 from its previous closing price. On the day, 0.62 million shares were traded. AXGN stock price reached its highest trading level at $11.37 during the session, while it also had its lowest trading level at $10.78.
Ratios:
For a better understanding of AXGN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.32 and its Current Ratio is at 3.51. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.70.
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 Aug 13 ’24 when GREG FREITAG bought 15,000 shares for $11.17 per share.
Zaderej Karen L. bought 200,000 shares of AXGN for $2,000,000 on Aug 12 ’24. On Mar 21 ’24, another insider, Zaderej Karen L., who serves as the CEO of the company, sold 39,280 shares for $7.68 each. As a result, the insider received 301,670 and left with 1,124,565 shares of the company.
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 493523552 and an Enterprise Value of 543877568. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 5.16. Its current Enterprise Value per Revenue stands at 3.135 whereas that against EBITDA is -89.897.
Stock Price History:
Over the past 52 weeks, AXGN has reached a high of $11.42, while it has fallen to a 52-week low of $3.45. The 50-Day Moving Average of the stock is 38.98%, while the 200-Day Moving Average is calculated to be 48.74%.
Shares Statistics:
Over the past 3-months, AXGN traded about 402.31K shares per day on average, while over the past 10 days, AXGN traded about 799740 shares per day. A total of 43.12M shares are outstanding, with a floating share count of 41.29M. Insiders hold about 5.53% of the company’s shares, while institutions hold 81.24% stake in the company. Shares short for AXGN as of 1722384000 were 1964434 with a Short Ratio of 4.88, compared to 1719532800 on 2148539. Therefore, it implies a Short% of Shares Outstanding of 1964434 and a Short% of Float of 5.3200003.
