Alert: Major Price Decline (12/5/23)-Inogen Inc (NASDAQ: INGN).


Inogen Inc (NASDAQ: INGN) stock closed at $5.09 on 12/5/23 after a major decline of -10.4%. Moreover, above average trading volume at 120% of normal accompanied the decline. The stock has declined -13.4% during the last week and has been extremely weak relative to the market over the last nine months.


Current PriceTarget Research Rating

INGN’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Inogen has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Inogen has a slightly positive Appreciation Score of 66 but a very low Power Rating of 1, triggering the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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