How to Buy Inogen Stock
Inogen Inc
Inogen, Inc. , a medical technology company, develops, manufactures, and markets portable oxygen concentrators to patients, physicians and other clinicians, and third-party payors in the United States and internationally.
Inogen stock last closed at $7.05, up 3.68% from the previous day, and has decreased 48.2% in one year. It has underperformed other stocks in the Medical Devices industry by 0.33 percentage points. Inogen stock is currently +70.7% from its 52-week low of $4.13, and -50% from its 52-week high of $14.10.
As of May 1, 2024, there are 23.33M shares of INGN outstanding. The market value of INGN is $164.45M. In the past 24 hours, 148,793 INGN shares were traded.
How to Buy Inogen Stock
Not sure how to invest in Inogen stock? Here's how.
- Figure out where to buy Inogen stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Inogen stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your payment method and add your information.
- Evaluate Inogen stock: The Inogen ticker symbol is INGN. Is Inogen stock a good investment? Should you buy shares of INGN? How do INGN's underlying business fundamentals look? Do top analysts think Inogen is a good buy? Why has INGN's stock price moved recently? (Hint: Our stock market analysis website can help you understand if INGN is a good stock to buy).
- Make your INGN buy order: Decide if you will purchase INGN shares at the current market price or use a limit order to buy INGN stock at a given price.
- Track your investment in INGN: Create a watchlist to watch your new investment in Inogen stock.
Step 1: Figure out where to buy Inogen stock
You will need an online brokerage account to access the NASDAQ market and buy INGN shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to buy INGN today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on stock apps to use, you need to deposit funds:
Watch the video below for more details depositing funds into your new brokerage account.
Step 4: Evaluate Inogen stock
Once you have identified the best place to buy Inogen stock, it's very important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Overview of key INGN info
Inogen Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on INGN's stock page.
Is INGN stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge INGN's intrinsic value.
Using relative valuations ratios:
- INGN could be undervalued based on its P/B ratio of 0.8x, relative to Medical Devices industry P/B ratio of 3.68x
You can do more valuation analysis on INGN's stock here.
INGN Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the INGN balance sheet.
- INGN has $128.47M in cash and short term investments. This is enough to cover its annual cash burn of $30.25M.
- INGN has cash burn of 30245000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the INGN balance sheet.
Failed Financial Due Diligence Checks:
- INGN has a relatively high debt to equity ratio of 0.59.
- INGN profit margin has gone down from -22.2% to -32.5% in the past year.
- Total INGN debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Inogen stock
Out of 1 Equities analysts who give ratings on INGN, the consensus analyst rating on Inogen is a Strong Sell
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Inogen stock forecast page.
INGN Momentum
How is INGN performing as a company?
Last year, INGN revenue was $315.66M. In the past 5 year, INGN's revenue has gone up by -2.49% per year. This was slower than the Medical Devices industry average of 13.03%.
You can analyze INGN's earnings and revenue performance here.
Latest Insiders Trades at INGN
In the past year, executives and large shareholders at INGN have sold more shares than they have bought.
Stanislav Glezer, EVP RD Chief Med. Officer of INGN, was the latest INGN insider to sell. They sold $53,551.58 worth of INGN shares on Mar 1, 2024.
Dig into more about who owns INGN stock here.
Can I get consistent income from INGN stock?
No, Inogen doesn't provide an income stream by paying out dividends.
INGN Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your INGN buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and eToro will place your order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Track your investment in INGN
Now that you own some INGN shares, you'll want to keep up with your new investment.
Put INGN on a watchlist to track your INGN stock.
INGN Feed
How to Buy Stock in Inogen
To summarize, here are the 6 steps to buy Inogen stock:
- Figure out where to buy Inogen stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Inogen stock
- Make your INGN buy order
- Track your investment in INGN
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Inogen, click below.
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