Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Origin Materials Inc (NASDAQ: ORGN) closed at $1.25 in the last session, up 1.63% from day before closing price of $1.23. In other words, the price has increased by $1.63 from its previous closing price. On the day, 2.06 million shares were traded. ORGN stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.21.
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 13.48 and its Current Ratio is at 13.57. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on August 16, 2024, Upgraded its rating to Buy and sets its target price to $3 from $1.35 previously.
On August 11, 2023, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $2.
On October 14, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $7.Credit Suisse initiated its Outperform rating on October 14, 2022, with a $7 target price.
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 Nov 14 ’24 when Bissell John bought 6,598 shares for $1.22 per share.
Lee Joshua C. bought 8,784 shares of ORGN for $10,642 on Nov 14 ’24. On Nov 04 ’24, another insider, Plavan Matthew T, who serves as the Chief Financial Officer of the company, sold 120,000 shares for $1.32 each. As a result, the insider received 157,860 and left with 1,223,088 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 182188768 and an Enterprise Value of 63153860. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.35 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 1.854 whereas that against EBITDA is -1.113.
Stock Price History:
Over the past 52 weeks, ORGN has reached a high of $1.90, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -13.96%, while the 200-Day Moving Average is calculated to be 24.60%.
Shares Statistics:
According to the various share statistics, ORGN traded on average about 1.39M shares per day over the past 3-months and 1180750 shares per day over the past 10 days. A total of 145.71M shares are outstanding, with a floating share count of 126.99M. Insiders hold about 12.87% of the company’s shares, while institutions hold 16.91% stake in the company. Shares short for ORGN as of 1730332800 were 3895543 with a Short Ratio of 2.81, compared to 1727654400 on 3417061. Therefore, it implies a Short% of Shares Outstanding of 3895543 and a Short% of Float of 3.09.
