The stock of Inogen Inc (INGN) has seen a 16.88% increase in the past week, with a 6.74% gain in the past month, and a 7.29% flourish in the past quarter. The volatility ratio for the week is 8.55%, and the volatility levels for the past 30 days are at 6.71% for INGN. The simple moving average for the past 20 days is 17.40% for INGN’s stock, with a 30.25% simple moving average for the past 200 days.
Is It Worth Investing in Inogen Inc (NASDAQ: INGN) Right Now?
Moreover, the 36-month beta value for INGN is 1.03. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for INGN is 22.95M and currently, short sellers hold a 7.93% of that float. On May 09, 2024, INGN’s average trading volume was 464.32K shares.
INGN) stock’s latest price update
Inogen Inc (NASDAQ: INGN)’s stock price has plunge by 12.88relation to previous closing price of 7.30. Nevertheless, the company has seen a 16.88% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-07 that Inogen, Inc. (NASDAQ:INGN ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Ryan Peterson – Investor Relations Kevin Smith – President and Chief Executive Officer Mike Bourque – Chief Financial Officer Conference Call Participants Colin Clark – Stifel Margaret Kaczor – William Blair Mike Matson – Needham & Company Operator Welcome to Inogen’s First Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.
Analysts’ Opinion of INGN
JP Morgan, on the other hand, stated in their research note that they expect to see INGN reach a price target of $8, previously predicting the price at $15. The rating they have provided for INGN stocks is “Neutral” according to the report published on August 08th, 2023.
INGN Trading at 16.07% from the 50-Day Moving Average
After a stumble in the market that brought INGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.74% of loss for the given period.
Volatility was left at 6.71%, however, over the last 30 days, the volatility rate increased by 8.55%, as shares surge +11.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.78% lower at present.
During the last 5 trading sessions, INGN rose by +16.88%, which changed the moving average for the period of 200-days by -0.24% in comparison to the 20-day moving average, which settled at $7.06. In addition, Inogen Inc saw 50.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for INGN
Current profitability levels for the company are sitting at:
- -0.3 for the present operating margin
- 0.41 for the gross margin
The net margin for Inogen Inc stands at -0.3. The total capital return value is set at -0.4. Equity return is now at value -40.86, with -27.57 for asset returns.
Based on Inogen Inc (INGN), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -0.08. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -55.08.
Currently, EBITDA for the company is -46.23 million with net debt to EBITDA at 4.96. When we switch over and look at the enterprise to sales, we see a ratio of 0.34. The receivables turnover for the company is 7.99for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.70.
Conclusion
To wrap up, the performance of Inogen Inc (INGN) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
