Axogen Inc Stock Price on March 8, 2024
| AXGN Stock | USD 5.83 0.16 2.82% |
Below is the normalized historical share price chart for Axogen Inc extending back to December 17, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Axogen stands at 5.83, as last reported on the 8th of May, with the highest price reaching 5.83 and the lowest price hitting 5.83 during the day.
If you're considering investing in Axogen Stock, it is important to understand the factors that can impact its price. Axogen Inc secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of risk over the last 3 months. Axogen Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axogen's Risk Adjusted Performance of (0.12), mean deviation of 2.33, and Standard Deviation of 3.3 to double-check the risk estimate we provide.
At this time, Axogen's Capital Stock is very stable compared to the past year. As of the 8th of May 2024, Stock Based Compensation is likely to grow to about 15.1 M, while Preferred Stock And Other Adjustments is likely to drop (971.8 K). . As of the 8th of May 2024, Price Earnings To Growth Ratio is likely to grow to 0.66, while Price To Sales Ratio is likely to drop 1.75. Axogen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of March 1990 | 200 Day MA 7.0255 | 50 Day MA 7.903 | Beta 1.016 |
Axogen |
Sharpe Ratio = -0.2316
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AXGN |
Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Axogen is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Axogen by adding Axogen to a well-diversified portfolio.
Price Book 3.2949 | Enterprise Value Ebitda (26.52) | Price Sales 1.9809 | Shares Float 33.9 M | Wall Street Target Price 12.67 |
Related Headline
Talis Biomedical Headline on 8th of March 2024
Acquisition by Baker Bros. Advisors Lp of 23685 shares of Ta... by Baker Bros. Advisors Lp
Filed transaction by Talis Biomedical Corp Director, 10 Percent Owner . Grant, award or other acquisition pursuant to Rule 16b-3
Axogen Valuation on March 8, 2024
It is possible to determine the worth of Axogen on a given historical date. On March 8, 2024 Axogen was worth 9.1 at the beginning of the trading date compared to the closed value of 8.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axogen stock. Still, in general, we apply an absolute valuation method to find Axogen's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Axogen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axogen's related companies.
| Open | High | Low | Close | Volume | |
| 9.02 | 9.15 | 8.31 | 9.02 | 712,502 | |
03/08/2024 | 9.10 | 9.28 | 8.66 | 8.75 | 468,626 |
| 8.49 | 8.82 | 8.38 | 8.44 | 191,460 |
| Backtest Axogen | | | Axogen History | | | Axogen Valuation | Previous | Next |
Axogen Trading Date Momentum on March 8, 2024
| On March 11 2024 Axogen Inc was traded for 8.44 at the closing time. The top price for the day was 8.82 and the lowest listed price was 8.38 . The trading volume for the day was 191.5 K. The trading history from March 11, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.54% . The overall trading delta against the current closing price is 12.23% . |
Axogen Inc Fundamentals Correlations and Trends
By evaluating Axogen's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axogen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axogen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axogen Stock history
Axogen investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Axogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axogen Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Axogen stock prices may prove useful in developing a viable investing in Axogen
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.9 M | 45 M | |
| Net Loss | -26.1 M | -27.4 M |
Axogen Quarterly Net Working Capital |
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Axogen Stock Technical Analysis
Axogen technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Axogen Period Price Range
Low | March 8, 2024
| High |
9.10 | 8.75 |
Axogen May 8, 2024 Market Strength
Market strength indicators help investors to evaluate how Axogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axogen shares will generate the highest return on investment. By undertsting and applying Axogen stock market strength indicators, traders can identify Axogen Inc entry and exit signals to maximize returns
| Accumulation Distribution | 31309.06 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 8.97 | |||
| Day Typical Price | 8.9 | |||
| Price Action Indicator | (0.39) | |||
| Period Momentum Indicator | (2.92) |
Axogen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axogen's price direction in advance. Along with the technical and fundamental analysis of Axogen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axogen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | (1.98) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axogen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Axogen Inc information on this page should be used as a complementary analysis to other Axogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Axogen Stock analysis
When running Axogen's price analysis, check to measure Axogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axogen is operating at the current time. Most of Axogen's value examination focuses on studying past and present price action to predict the probability of Axogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axogen's price. Additionally, you may evaluate how the addition of Axogen to your portfolios can decrease your overall portfolio volatility.
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Is Axogen's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axogen. If investors know Axogen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 3.804 | Quarterly Revenue Growth 0.129 | Return On Assets (0.06) | Return On Equity (0.22) |
The market value of Axogen Inc is measured differently than its book value, which is the value of Axogen that is recorded on the company's balance sheet. Investors also form their own opinion of Axogen's value that differs from its market value or its book value, called intrinsic value, which is Axogen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axogen's market value can be influenced by many factors that don't directly affect Axogen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axogen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.