Origin Materials Inc (NASDAQ: ORGN) on Friday, soared 4.20% from the previous trading day, before settling in for the closing price of $1.19. Within the past 52 weeks, ORGN’s price has moved between $0.44 and $1.90.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company achieved an average annual earnings per share of -84.75%. With a float of $125.70 million, this company’s outstanding shares have now reached $145.71 million.
Let’s look at the performance matrix of the company that is accounted for 112 employees. 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) Insider and Institutional Ownership
Observing investor behavior towards Chemicals industry stocks is more important than anything else. The insider ownership of Origin Materials Inc is 13.84%, while institutional ownership is 16.60%. The most recent insider transaction that took place on Nov 20 ’24, was worth 300,000. In this transaction CO-CEO AND DIRECTOR of this company bought 300,000 shares at a rate of $1.00, taking the stock ownership to the 749,083 shares. Before that another transaction happened on Nov 14 ’24, when Company’s General Counsel sold 8,784 for $1.24, making the entire transaction worth $10,906. This insider now owns 477,410 shares in total.
Origin Materials Inc (ORGN) Latest Financial update
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
Origin Materials Inc (ORGN) is currently performing well based on its current performance indicators. A quick ratio of 16.16 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.38.
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)
Origin Materials Inc (NASDAQ: ORGN) saw its 5-day average volume 2.07 million, a positive change from its year-to-date volume of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 52.57%. Additionally, its Average True Range was 0.10.
During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 43.08%, which indicates a significant decrease from 70.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.08% in the past 14 days, which was lower than the 95.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4108, while its 200-day Moving Average is $1.0208. Nevertheless, the first resistance level for the watch stands at $1.2800 in the near term. At $1.3200, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3900. If the price goes on to break the first support level at $1.1700, it is likely to go to the next support level at $1.1000. The third support level lies at $1.0600 if the price breaches the second support level.
Origin Materials Inc (NASDAQ: ORGN) Key Stats
Market capitalization of the company is 188.97 million based on 146,250K outstanding shares. Right now, sales total 28,810 K and income totals 23,800 K. The company made 8,200 K in profit during its latest quarter, and -36,760 K in sales during its previous quarter.
