Axogen Inc (NASDAQ:AXGN) shares, rose in value on Friday, March 28, with the stock price down by -3.32% to the previous day’s close as strong demand from buyers drove the stock to $18.36.
Actively observing the price movement in the last trading, the stock closed the session at $18.99, falling within a range of $18.33 and $19.155. The value of beta (5-year monthly) was 1.022. 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 -5.51% over the past month.
With the market capitalization of Axogen Inc currently standing at about $814.15 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 51.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 48.76M.
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 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of AXGN currently trading nearly 1.74% and 0.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.62, while the 7-day volatility ratio is showing 4.52% which for the 30-day chart, stands at 5.14%. Furthermore, Axogen Inc (AXGN)’s beta value is 0.99, and its average true range (ATR) is 0.96.
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 -3.32% in last session, and over the past year, it grew by 143.18%%.
Data on historical trading for Axogen Inc (NASDAQ:AXGN) indicates that the trading volumes over the past 10 days have averaged 0.55 and over the past 3 months, they’ve averaged 546.39K. 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 81.67% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.51 million shares as on 2025-03-14, resulting in a short ratio of 2.37. According to the data, the short interest in Axogen Inc (AXGN) stood at 404.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.85 million. The stock has risen by 11.41% 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.
