The price of Origin Materials Inc (NASDAQ: ORGN) closed at $0.62 in the last session, down -4.65% from day before closing price of $0.65. On the day, 954700 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 14.48 and its Current Ratio is at 14.55. In the meantime, Its Debt-to-Equity ratio is 0.02 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 Dec 13 ’23 when Bissell John sold 40,000 shares for $0.78 per share. The transaction valued at 31,224 led to the insider holds 1,173,828 shares of the business.
Lee Joshua C. sold 17,500 shares of ORGN for $13,556 on Dec 13 ’23. The General Counsel now owns 261,194 shares after completing the transaction at $0.77 per share. On Nov 13 ’23, another insider, Lee Joshua C., who serves as the General Counsel of the company, sold 12,400 shares for $0.92 each. As a result, the insider received 11,353 and left with 278,694 shares of the company.
Valuation Measures:
As of this moment, Origin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 0.21.
Stock Price History:
Over the past 52 weeks, ORGN has reached a high of $5.04, while it has fallen to a 52-week low of $0.44.
Shares Statistics:
A total of 145.71M shares are outstanding, with a floating share count of 123.06M. Insiders hold about 15.67% of the company’s shares, while institutions hold 23.21% stake in the company.
Earnings Estimates
The company has Ocugen, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $19.40, with high estimates of $0.62 and low estimates of $17.45.
