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.
After finishing at $1.23 in the prior trading day, Origin Materials Inc (NASDAQ: ORGN) closed at $1.17, down -4.88%. In other words, the price has decreased by -$4.88 from its previous closing price. On the day, 1.01 million shares were traded. ORGN stock price reached its highest trading level at $1.21 during the session, while it also had its lowest trading level at $1.14.
Ratios:
Our goal is to gain a better understanding of ORGN by taking a closer look at 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 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
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 171112496 and an Enterprise Value of 39833688. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 1.169 whereas that against EBITDA is -0.702.
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 -2.04%, while the 200-Day Moving Average is calculated to be 5.17%.
Shares Statistics:
The stock has traded on average 1.26M shares per day over the past 3-months and 1771600 shares per day over the last 10 days, according to various share statistics. A total of 145.89M shares are outstanding, with a floating share count of 125.05M. Insiders hold about 14.50% of the company’s shares, while institutions hold 16.60% stake in the company. Shares short for ORGN as of 1730332800 were 3895543 with a Short Ratio of 4.71, compared to 1727654400 on 3417061. Therefore, it implies a Short% of Shares Outstanding of 3895543 and a Short% of Float of 3.09.
