Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Origin Materials Inc’s stock clocked out at $0.87, down -5.46% from its previous closing price of $0.92. In other words, the price has decreased by -$5.46 from its previous closing price. On the day, 2.83 million shares were traded.
Ratios:
To gain a deeper understanding of ORGN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.16 and its Current Ratio is at 16.27. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 02 ’25 when Lee Joshua C. sold 1,400 shares for $1.20 per share. The transaction valued at 1,673 led to the insider holds 628,385 shares of the business.
Lee Joshua C. bought 1,400 shares of ORGN for $1,631 on Jan 02 ’25. On Dec 27 ’24, another insider, Plavan Matthew T, who serves as the CFO and COO of the company, sold 24,500 shares for $1.02 each. As a result, the insider received 25,110 and left with 1,439,588 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.60 while its Price-to-Book (P/B) ratio in mrq is 0.35.
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 -15.10%, while the 200-Day Moving Average is calculated to be -25.04%.
Shares Statistics:
A total of 145.89M shares are outstanding, with a floating share count of 134.79M. Insiders hold about 7.84% of the company’s shares, while institutions hold 17.45% stake in the company.
