AXGN
Axogen, Inc. Healthcare - Medical Devices Investor Relations →
Axogen, Inc. (AXGN) closed at $34.93 as of 2026-02-02, trading 188.3% above its 200-week moving average of $12.11. The stock is currently moving closer to the line, down from 191.0% last week. With a 14-week RSI of 73, AXGN is in overbought territory.
Over the past 1994 weeks of data, AXGN has crossed below its 200-week moving average 34 times. On average, these episodes lasted 31 weeks. Historically, investors who bought AXGN at the start of these episodes saw an average one-year return of +11.0%.
With a market cap of $1752 million, AXGN is a small-cap stock. The company generates a free cash flow yield of 0.3%. Return on equity stands at -1.9%. The stock trades at 13.3x book value.
Share count has increased 5.8% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in AXGN would have grown to $400, compared to $2849 for the S&P 500. AXGN has returned 4.3% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: AXGN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AXGN Crosses Below the Line?
Across 23 historical episodes, buying AXGN when it crossed below its 200-week moving average produced an average return of +11.6% after 12 months (median +8.0%), compared to +15.0% for the S&P 500 over the same periods. 59% of those episodes were profitable after one year. After 24 months, the average return was +34.2% vs +37.3% for the index.
Each line shows $100 invested at the moment AXGN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AXGN has crossed below its 200-week MA 34 times with an average 1-year return of +11.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1987 | Dec 1987 | 3 | 1.6% | +5.1% | +918.0% |
| Jan 1988 | Feb 1988 | 2 | 4.1% | +7.9% | +944.8% |
| Feb 1988 | Apr 1988 | 7 | 11.3% | +22.2% | +1002.8% |
| Apr 1988 | Jun 1988 | 9 | 7.9% | -5.1% | +918.0% |
| Aug 1988 | Aug 1988 | 2 | 3.5% | +7.7% | +918.0% |
| Nov 1988 | Dec 1988 | 3 | 5.3% | -2.6% | +944.8% |
| Feb 1989 | Feb 1989 | 1 | 0.9% | -15.0% | +892.5% |
| Apr 1989 | Apr 1989 | 3 | 8.4% | -10.3% | +918.0% |
| May 1989 | May 1989 | 1 | 1.0% | N/A | +892.5% |
| Jul 1989 | Sep 1989 | 8 | 6.1% | -7.7% | +918.0% |
| Oct 1989 | Mar 1991 | 71 | 32.5% | -12.8% | +918.0% |
| Jun 1994 | Jun 1994 | 1 | 0.5% | +44.0% | +411.7% |
| Aug 1994 | Nov 1994 | 13 | 20.6% | +29.4% | +401.7% |
| Dec 1994 | Mar 1995 | 15 | 20.6% | +44.6% | +424.9% |
| Jul 1995 | Jul 1995 | 1 | 1.1% | +17.3% | +354.9% |
| Nov 1995 | Dec 1995 | 1 | 5.6% | -25.0% | +373.8% |
| Jul 1996 | Aug 1996 | 3 | 1.6% | -32.9% | +331.9% |
| Sep 1996 | Jan 2004 | 385 | 89.9% | -32.5% | +343.1% |
| Feb 2004 | Mar 2004 | 4 | 16.7% | +95.7% | +3608.3% |
| Mar 2004 | Jul 2004 | 17 | 51.4% | +93.3% | +4122.3% |
| Oct 2004 | Oct 2004 | 2 | 13.2% | -25.9% | +4296.4% |
| Nov 2004 | Nov 2004 | 3 | 9.0% | -7.5% | +4164.5% |
| Sep 2005 | Apr 2007 | 85 | 72.7% | -73.0% | +4050.8% |
| Dec 2007 | Dec 2007 | 1 | 2.2% | +96.9% | +3092.9% |
| Jan 2011 | Jan 2012 | 49 | 33.7% | +3.3% | +1064.3% |
| Jan 2012 | Apr 2012 | 12 | 19.7% | +17.7% | +1026.8% |
| Jun 2012 | Jan 2013 | 28 | 20.6% | +44.7% | +1064.3% |
| Aug 2013 | Sep 2013 | 4 | 8.4% | -24.2% | +1072.1% |
| Mar 2014 | Dec 2014 | 38 | 29.8% | +0.9% | +984.8% |
| Feb 2015 | Mar 2015 | 2 | 1.1% | +58.4% | +1001.9% |
| Apr 2015 | Jul 2015 | 11 | 6.7% | +82.4% | +995.0% |
| Jan 2019 | Feb 2019 | 5 | 6.8% | -2.1% | +115.1% |
| Jul 2019 | Aug 2024 | 264 | 68.7% | -33.1% | +98.6% |
| Jun 2025 | Jun 2025 | 2 | 6.2% | N/A | +258.3% |
| Average | 31 | — | +11.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02