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.
The closing price of Origin Materials Inc (NASDAQ: ORGN) was $0.44 for the day, down -8.63% from the previous closing price of $0.48. In other words, the price has decreased by -$8.63 from its previous closing price. On the day, 1.45 million shares were traded.
Ratios:
Our analysis of ORGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.44 and its Current Ratio is at 9.51. In the meantime, Its Debt-to-Equity ratio is 0.02 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2.19 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 $1.90, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -31.14%, while the 200-Day Moving Average is calculated to be -58.77%.
Shares Statistics:
A total of 149.51M shares are outstanding, with a floating share count of 137.96M. Insiders hold about 8.00% of the company’s shares, while institutions hold 14.30% stake in the company.
