Large Inflow of Money Detected in AxoGen

AxoGen (AXGN) stock had a bullish inflow of $0.81 million worth of trades on uptick and an outflow of $0.06 million in downticks on Thursday. The total uptick to downtick ratio stood at 13.11. The net money flow into the stock was $0.75 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.71 million. $0.71 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, AxoGen (AXGN) stock traded down $0.06 , and reached $7.72, a drop of -0.78% over the previous day. On a weekly basis, the stock is 1.03%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 13.82% and the 50-Day Moving Average is 26.38%. Shares have rallied 137.46% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $7.97 and the one year low was seen on Jul 14, 2015. The 50-Day Moving Average price is $6.15 and the 200 Day Moving Average price is recorded at $5.45.

AxoGen (NASDAQ:AXGN): The stock opened at $7.82 on Thursday but the bulls could not build on the opening and the stock topped out at $7.89 for the day. The stock traded down to $7.57 during the day, due to lack of any buying support eventually closed down at $7.63 with a loss of -1.93% for the day. The stock had closed at $7.78 on the previous day. The total traded volume was 394,249 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Gold Mark Stephen, director of Axogen, Inc., had unloaded 6,013 shares at an average price of $5.7 in a transaction dated on November 6, 2015. The total value of the transaction was worth $34,274.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *