On Monday, Origin Materials Inc (NASDAQ: ORGN) was -3.48% drop from the session before settling in for the closing price of $1.15. A 52-week range for ORGN has been $0.44 – $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
When this article was written, the company’s average yearly earnings per share was at -84.75%. With a float of $125.01 million, this company’s outstanding shares have now reached $145.89 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Origin Materials Inc stocks. The insider ownership of Origin Materials Inc is 14.52%, while institutional ownership is 16.60%. The most recent insider transaction that took place on Jan 02 ’25, was worth 1,673. In this transaction General Counsel of this company sold 1,400 shares at a rate of $1.20, taking the stock ownership to the 628,385 shares. Before that another transaction happened on Jan 02 ’25, when Company’s Officer proposed sale 1,400 for $1.16, making the entire transaction worth $1,631.
Origin Materials Inc (ORGN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 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
You can see what Origin Materials Inc (ORGN) is doing with its current performance indicators. In the most recent 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 4.62.
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)
Looking closely at Origin Materials Inc (NASDAQ: ORGN), its last 5-days average volume was 1.04 million, which is a drop from its year-to-date volume of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 34.54%. Additionally, its Average True Range was 0.09.
During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 16.84%, which indicates a significant decrease from 39.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.67% in the past 14 days, which was higher than the 75.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1833, while its 200-day Moving Average is $1.1190. However, in the short run, Origin Materials Inc’s stock first resistance to watch stands at $1.1317. Second resistance stands at $1.1533. The third major resistance level sits at $1.1767. 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 $1.0633. Should the price break the second support level, the third support level stands at $1.0417.
Origin Materials Inc (NASDAQ: ORGN) Key Stats
There are 146,250K outstanding shares of the company, which has a market capitalization of 162.34 million. As of now, sales total 28,810 K while income totals 23,800 K. Its latest quarter income was 8,200 K while its last quarter net income were -36,760 K.
