AxoGen, Inc. (AXGN) Surges to Record High, Is Now Top Performer

October 13, 2017 - By Dolores Ford

The stock of AxoGen, Inc. (NASDAQ:AXGN) reached all time high today, Oct, 13 and still has $21.15 target or 9.00 % above today’s $19.40 share price. This indicates more upside for the $629.47M company. This technical setup was reported by If the $21.15 PT is reached, the company will be worth $56.65 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.92% or $0.55 during the last trading session, reaching $19.4. About 461,362 shares traded or 114.68% up from the average. AxoGen, Inc. (NASDAQ:AXGN) has risen 181.49% since October 13, 2016 and is uptrending. It has outperformed by 164.79% the S&P500.

Analysts expect AxoGen, Inc. (NASDAQ:AXGN) to report $-0.08 EPS on November, 1.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $-0.08 EPS. After having $-0.06 EPS previously, AxoGen, Inc.’s analysts see 33.33 % EPS growth.

AxoGen, Inc. (NASDAQ:AXGN) Ratings Coverage

Among 6 analysts covering AxoGen (NASDAQ:AXGN), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AxoGen had 11 analyst reports since August 11, 2015 according to SRatingsIntel. Zacks upgraded AxoGen, Inc. (NASDAQ:AXGN) rating on Tuesday, August 11. Zacks has “Hold” rating and $4 target. Wedbush maintained AxoGen, Inc. (NASDAQ:AXGN) on Friday, August 28 with “Outperform” rating. The stock of AxoGen, Inc. (NASDAQ:AXGN) earned “Buy” rating by Cantor Fitzgerald on Monday, August 21. Wedbush maintained the shares of AXGN in report on Monday, November 7 with “Outperform” rating. The stock has “Buy” rating by Lake Street on Tuesday, November 22. The rating was downgraded by Lake Street on Thursday, November 3 to “Hold”. Roth Capital maintained the shares of AXGN in report on Monday, September 11 with “Buy” rating.

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