Inogen’s Lock-Up Period Set To Expire on August 13th (NASDAQ:INGN)
Inogen’s (NASDAQ:INGN) lock-up period is set to expire on Wednesday, August 13th. Inogen had issued 4,411,763 shares in its IPO on February 14th, Analyst Ratings.Net reports. The total size of the offering was $70,588,208 based on an initial share price of $16.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Shares of Inogen (NASDAQ:INGN) traded down 1.26% on Friday, hitting $18.03. The stock had a trading volume of 1,762 shares. Inogen has a one year low of $13.12 and a one year high of $24.37. The stock’s 50-day moving average is $20.00 and its 200-day moving average is $17.62. The company has a market cap of $328.0 million and a price-to-earnings ratio of 42.47.
Inogen (NASDAQ:INGN) last released its earnings data on Tuesday, May 13th. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.01. The company had revenue of $23.60 million for the quarter, compared to the consensus estimate of $20.70 million. Analysts expect that Inogen will post $0.22 EPS for the current fiscal year.
Inogen, Inc (NASDAQ:INGN) is a medical technology company.
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