$1.42M in average volume shows that Origin Materials Inc (ORGN) is heading in the right direction

Origin Materials Inc (NASDAQ: ORGN) kicked off on Monday, down -4.57% from the previous trading day, before settling in for the closing price of $0.60. Over the past 52 weeks, ORGN has traded in a range of $0.55-$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

Basic Materials Sector giant saw their annual sales surged by 2.15% over the last five years. While this was happening, its average annual earnings per share was recorded 26.07%. With a float of $138.57 million, this company’s outstanding shares have now reached $148.57 million.

The firm has a total of 109 workers. Let’s measure their productivity. In terms of profitability, gross margin is 1.34%, operating margin of -271.28%, and the pretax margin is -265.42%.

Origin Materials Inc (ORGN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Chemicals Industry. The insider ownership of Origin Materials Inc is 7.22%, while institutional ownership is 17.09%. The most recent insider transaction that took place on Mar 05 ’25, was worth 8,926. In this transaction General Counsel of this company sold 10,441 shares at a rate of $0.85, taking the stock ownership to the 692,944 shares. Before that another transaction happened on Mar 05 ’25, when Company’s CEO and Director sold 20,828 for $0.85, making the entire transaction worth $17,777. This insider now owns 2,105,402 shares in total.

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 26.07% per share during the next fiscal year.

Origin Materials Inc (NASDAQ: ORGN) Trading Performance Indicators

Take a look at Origin Materials Inc’s (ORGN) current performance indicators. Last quarter, stock had a quick ratio of 11.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58

Technical Analysis of Origin Materials Inc (ORGN)

Analysing the last 5-days average volume posted by the [Origin Materials Inc, ORGN], we can find that recorded value of 1.47 million was better than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 20.80%. Additionally, its Average True Range was 0.07.

During the past 100 days, Origin Materials Inc’s (ORGN) raw stochastic average was set at 15.96%, which indicates a significant decrease from 40.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.89% in the past 14 days, which was lower than the 76.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8281, while its 200-day Moving Average is $1.1158. Now, the first resistance to watch is $0.6467. This is followed by the second major resistance level at $0.7233. The third major resistance level sits at $0.8367. If the price goes on to break the first support level at $0.4567, it is likely to go to the next support level at $0.3433. Should the price break the second support level, the third support level stands at $0.2667.

Origin Materials Inc (NASDAQ: ORGN) Key Stats

The company with the Market Capitalisation of 84.85 million has total of 149,355K Shares Outstanding. Its annual sales at the moment are 31,280 K in contrast with the sum of -83,700 K annual income. Company’s last quarter sales were recorded 9,220 K and last quarter income was -13,520 K.