Origin Materials Inc (ORGN) concluded trading on Thursday at a closing price of $1.19, with 3.74 million shares of worth about $4.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.62% during that period and on November 21, 2024 the price saw a gain of about 15.53%. Currently the company’s common shares owned by public are about 145.71M shares, out of which, 126.00M shares are available for trading.
Stock saw a price change of -4.80% in past 5 days and over the past one month there was a price change of -15.00%. Year-to-date (YTD), ORGN shares are showing a performance of 42.31% which increased to 33.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.44 but also hit the highest price of $1.90 during that period. The average intraday trading volume for Origin Materials Inc shares is 1.20 million. The stock is currently trading -5.89% below its 20-day simple moving average (SMA20), while that difference is down -16.02% for SMA50 and it goes to 16.98% higher than SMA200.
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Origin Materials Inc (NASDAQ: ORGN) currently have 145.71M outstanding shares and institutions hold larger chunk of about 16.60% of that.
The stock has a current market capitalization of $174.04M and its 3Y-monthly beta is at 0.95. It has posted earnings per share of -$0.56 in the same period. It has Quick Ratio of 16.16 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ORGN, volatility over the week remained 12.74% while standing at 6.61% over the month.
Stock’s fiscal year EPS is expected to drop by -84.75% while it is estimated to increase by 31.67% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on August 16, 2024 offering a Buy rating for the stock and assigned a target price range of between $1.35 and $3 to it. Coverage by Craig Hallum stated Origin Materials Inc (ORGN) stock as a Hold in their note to investors on August 11, 2023, suggesting a price target of $2 for the stock. Stock get a Buy rating from HSBC Securities on November 23, 2021.
