Market Recap Check: Origin Materials Inc (ORGN)’s Negative Finish at 0.67, Up/Down -4.59

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The price of Origin Materials Inc (NASDAQ: ORGN) closed at $0.67 in the last session, down -4.59% from day before closing price of $0.70. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 0.64 million shares were traded.

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 11.02 and its Current Ratio is at 11.09. 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 January 14, 2025, Downgraded its rating to Underperform and sets its target price to $1.50 from $2.50 previously.

On August 16, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $1.35 to $3.

Craig Hallum Downgraded its Buy to Hold on August 11, 2023, while the target price for the stock was maintained at $2.

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 Mar 05 ’25 when Lee Joshua C. sold 10,441 shares for $0.85 per share. The transaction valued at 8,926 led to the insider holds 692,944 shares of the business.

Bissell John sold 20,828 shares of ORGN for $17,777 on Mar 05 ’25. The CEO and Director now owns 2,105,402 shares after completing the transaction at $0.85 per share. On Mar 05 ’25, another insider, Plavan Matthew T, who serves as the CFO and COO of the company, sold 9,725 shares for $0.86 each. As a result, the insider received 8,343 and left with 1,510,231 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19 while its Price-to-Book (P/B) ratio in mrq is 0.29.

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 $0.42. The 50-Day Moving Average of the stock is -6.74%, while the 200-Day Moving Average is calculated to be -38.52%.

Shares Statistics:

A total of 148.57M shares are outstanding, with a floating share count of 138.67M. Insiders hold about 7.22% of the company’s shares, while institutions hold 17.12% stake in the company.

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