On Tuesday, Origin Materials Inc (NASDAQ: ORGN) opened lower -4.59% from the last session, before settling in for the closing price of $1.09. Price fluctuations for ORGN have ranged from $0.44 to $1.90 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -84.75% at the time writing. With a float of $127.04 million, this company’s outstanding shares have now reached $145.71 million.
Considering the fact that the conglomerate employs 112 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -2.33%, operating margin of -241.56%, and the pretax margin is -232.1%.
Origin Materials Inc (ORGN) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Chemicals industry is another important factor to consider. The insider ownership of Origin Materials Inc is 13.13%, while institutional ownership is 16.53%. The most recent insider transaction that took place on Nov 14 ’24, was worth 10,906. In this transaction General Counsel of this company sold 8,784 shares at a rate of $1.24, taking the stock ownership to the 477,410 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Co-CEO and Director sold 6,598 for $1.25, making the entire transaction worth $8,260. This insider now owns 1,617,230 shares in total.
Origin Materials Inc (ORGN) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.14) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -84.75% per share during the next fiscal year.
Origin Materials Inc (NASDAQ: ORGN) Trading Performance Indicators
Check out the current performance indicators for Origin Materials Inc (ORGN). In the past quarter, the stock posted a quick ratio of 16.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.41 in one year’s time.
Technical Analysis of Origin Materials Inc (ORGN)
Compared to the last year’s volume of 1.7 million, its volume of 2.21 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.19%. Additionally, its Average True Range was 0.08.
During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 26.95%, which indicates a significant increase from 5.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.44% in the past 14 days, which was lower than the 94.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4336, while its 200-day Moving Average is $1.0112. Nevertheless, the first resistance level for the watch stands at $1.0967 in the near term. At $1.1533, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1917. If the price goes on to break the first support level at $1.0017, it is likely to go to the next support level at $0.9633. Now, if the price goes above the second support level, the third support stands at $0.9067.
Origin Materials Inc (NASDAQ: ORGN) Key Stats
There are currently 145,751K shares outstanding in the company with a market cap of 152.10 million. Presently, the company’s annual sales total 28,810 K according to its annual income of 23,800 K. Last quarter, the company’s sales amounted to 8,200 K and its income totaled -36,760 K.
