Origin Materials Inc (NASDAQ: ORGN) on Friday, soared 3.60% from the previous trading day, before settling in for the closing price of $1.11. Within the past 52 weeks, ORGN’s price has moved between $0.44 and $1.90.
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The company achieved an average annual earnings per share of -84.75%. With a float of $125.78 million, this company’s outstanding shares have now reached $145.89 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
Observing investor behavior towards Chemicals industry stocks is more important than anything else. The insider ownership of Origin Materials Inc is 14.00%, while institutional ownership is 16.60%. The most recent insider transaction that took place on Dec 13 ’24, was worth 40,081. Before that another transaction happened on Dec 13 ’24, when Company’s Officer proposed sale 77,625 for $1.07, making the entire transaction worth $83,251.
Origin Materials Inc (ORGN) Recent Fiscal highlights
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 4.96.
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 1.67 million, its volume of 1.39 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.67%. Additionally, its Average True Range was 0.08.
During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 35.32%, which indicates a significant decrease from 39.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.79% in the past 14 days, which was lower than the 94.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3000, while its 200-day Moving Average is $1.0671. Nevertheless, the first resistance level for the watch stands at $1.1917 in the near term. At $1.2333, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2967. If the price goes on to break the first support level at $1.0867, it is likely to go to the next support level at $1.0233. Now, if the price goes above the second support level, the third support stands at $0.9817.
Origin Materials Inc (NASDAQ: ORGN) Key Stats
Market capitalization of the company is 174.25 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.