Axogen Inc (NASDAQ:AXGN) shares, rose in value, with the stock price down by -0.06% to the previous day’s close as strong demand from buyers drove the stock to $15.57.
Actively observing the price movement in the last trading, the stock closed the session at $15.58, falling within a range of $15.29 and $15.8. The value of beta (5-year monthly) was 0.994. Referring to stock’s 52-week performance, its high was $21.00, and the low was $5.55. On the whole, AXGN has fluctuated by -13.02% over the past month.
With the market capitalization of Axogen Inc currently standing at about $690.43 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 216.78M, with a low estimate of 47.2M and a high estimate of 49M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 48.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AXGN’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of AXGN currently trading nearly -8.98% and -12.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.86, while the 7-day volatility ratio is showing 4.36% which for the 30-day chart, stands at 5.86%. Furthermore, Axogen Inc (AXGN)’s beta value is 1.23, and its average true range (ATR) is 1.00.
A comparison of Axogen Inc (AXGN) with its peers suggests the former has fared considerably weaker in the market. AXGN showed an intraday change of -0.06% in last session, and over the past year, it grew by 122.43%%.
Data on historical trading for Axogen Inc (NASDAQ:AXGN) indicates that the trading volumes over the past 10 days have averaged 0.41 and over the past 3 months, they’ve averaged 507.32K. According to company’s latest data on outstanding shares, there are 44.15 million shares outstanding.
Nearly 5.67% of Axogen Inc’s shares belong to company insiders and institutional investors own 82.04% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.84 million shares as on 2025-03-31, resulting in a short ratio of 3.0. According to the data, the short interest in Axogen Inc (AXGN) stood at 491.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.85 million. The stock has fallen by -5.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AXGN stock heading into the next quarter.
