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The price of Origin Materials Inc (NASDAQ: ORGN) closed at $1.04 in the last session, up 4.00% from day before closing price of $1.00. In other words, the price has increased by $4.00 from its previous closing price. On the day, 1.29 million shares were traded. ORGN stock price reached its highest trading level at $1.05 during the session, while it also had its lowest trading level at $0.98.
Ratios:
We take a closer look at ORGN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.54 and its Current Ratio is at 12.61. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On October 14, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $7.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 25 ’24 when Heidenmark Cook Pia Johanna sold 4,640 shares for $0.98 per share. The transaction valued at 4,568 led to the insider holds 118,558 shares of the business.
Heidenmark Cook Pia Johanna bought 34,000 shares of ORGN for $32,980 on May 20 ’24. The Director now owns 123,198 shares after completing the transaction at $0.97 per share. On Dec 13 ’23, another insider, Bissell John, who serves as the Co-CEO and Director of the company, sold 40,000 shares for $0.78 each. As a result, the insider received 31,224 and left with 1,173,828 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ORGN now has a Market Capitalization of 152902880 and an Enterprise Value of 24681058. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 0.727 whereas that against EBITDA is -0.447.
Stock Price History:
The Beta on a monthly basis for ORGN is 0.94, which has changed by -0.7647059 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, ORGN has reached a high of $4.53, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 4.89%, while the 200-Day Moving Average is calculated to be 26.66%.
Shares Statistics:
According to the various share statistics, ORGN traded on average about 2.21M shares per day over the past 3-months and 1929120 shares per day over the past 10 days. A total of 145.71M shares are outstanding, with a floating share count of 123.14M. Insiders hold about 16.25% of the company’s shares, while institutions hold 22.64% stake in the company. Shares short for ORGN as of 1719532800 were 10583283 with a Short Ratio of 4.78, compared to 1717113600 on 11363578. Therefore, it implies a Short% of Shares Outstanding of 10583283 and a Short% of Float of 8.32.
