A new trading day began on Friday, with Origin Materials Inc (NASDAQ: ORGN) stock price down -7.03% from the previous day of trading, before settling in for the closing price of $1.04. ORGN’s price has ranged from $0.44 to $1.90 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -84.75%. With a float of $134.79 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Chemicals Industry. The insider ownership of Origin Materials Inc is 7.84%, while institutional ownership is 17.45%. 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
Here are Origin Materials Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 16.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.03.
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 3.33 million. That was better than the volume of 1.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.52%. Additionally, its Average True Range was 0.08.
During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 18.66%, which indicates a significant decrease from 52.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.86% in the past 14 days, which was higher than the 71.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0303, while its 200-day Moving Average is $1.1553. However, in the short run, Origin Materials Inc’s stock first resistance to watch stands at $1.0209. Second resistance stands at $1.0750. The third major resistance level sits at $1.1199. If the price goes on to break the first support level at $0.9219, it is likely to go to the next support level at $0.8770. The third support level lies at $0.8229 if the price breaches the second support level.
Origin Materials Inc (NASDAQ: ORGN) Key Stats
With a market capitalization of 141.41 million, the company has a total of 146,250K Shares Outstanding. Currently, annual sales are 28,810 K while annual income is 23,800 K. The company’s previous quarter sales were 8,200 K while its latest quarter income was -36,760 K.
