On Friday, Origin Materials Inc (NASDAQ: ORGN) opened lower -4.59% from the last session, before settling in for the closing price of $0.98. 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 $125.00 million, this company’s outstanding shares have now reached $145.89 million.
In an organization with 112 employees, it is important to assess its efficiency. 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
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 14.52%, while institutional ownership is 16.64%. 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) Latest Financial update
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
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 3.89.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was inferior than the volume of 1.18 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.67%. Additionally, its Average True Range was 0.07.
During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 1.10%, which indicates a significant decrease from 5.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.23% in the past 14 days, which was lower than the 69.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1150, while its 200-day Moving Average is $1.1456. However, in the short run, Origin Materials Inc’s stock first resistance to watch stands at $0.9746. Second resistance stands at $1.0141. The third major resistance level sits at $1.0393. If the price goes on to break the first support level at $0.9099, it is likely to go to the next support level at $0.8847. The third support level lies at $0.8452 if the price breaches the second support level.
Origin Materials Inc (NASDAQ: ORGN) Key Stats
There are currently 146,250K shares outstanding in the company with a market cap of 136.74 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.
