In the past week, ORGN stock has gone up by 19.85%, with a monthly decline of -2.87% and a quarterly plunge of -23.05%. The volatility ratio for the week is 6.83%, and the volatility levels for the last 30 days are 6.73% for Origin Materials Inc The simple moving average for the last 20 days is 6.04% for ORGN stock, with a simple moving average of 8.59% for the last 200 days.
Is It Worth Investing in Origin Materials Inc (NASDAQ: ORGN) Right Now?
The stock has a 36-month beta value of 0.98. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ORGN is 125.86M, and at present, short sellers hold a 4.70% of that float. On December 30, 2024, the average trading volume of ORGN was 1.13M shares.
ORGN) stock’s latest price update
Origin Materials Inc (NASDAQ: ORGN)’s stock price has plunge by 13.94relation to previous closing price of 1.04. Nevertheless, the company has seen a 19.85% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-12-18 that WEST SACRAMENTO, Calif.–(BUSINESS WIRE)–Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), a technology company with a mission to enable the world’s transition to sustainable materials, today announced the production of PET caps with new features as commercial qualification continues. The latest caps were produced at our partner’s facility in Germany on Origin’s CapFormer System, its proprietary system for manufacturing recyclable PET closures. The caps, made with recycled PET and designed fo.
Analysts’ Opinion of ORGN
Many brokerage firms have already submitted their reports for ORGN stocks, with BofA Securities repeating the rating for ORGN by listing it as a “Buy.” The predicted price for ORGN in the upcoming period, according to BofA Securities is $3 based on the research report published on August 16, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see ORGN reach a price target of $2. The rating they have provided for ORGN stocks is “Hold” according to the report published on August 11th, 2023.
Credit Suisse gave a rating of “Outperform” to ORGN, setting the target price at $7 in the report published on October 14th of the previous year.
ORGN Trading at -2.63% from the 50-Day Moving Average
After a stumble in the market that brought ORGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.63% of loss for the given period.
Volatility was left at 6.73%, however, over the last 30 days, the volatility rate increased by 6.83%, as shares sank -4.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.85% lower at present.
During the last 5 trading sessions, ORGN rose by +19.98%, which changed the moving average for the period of 200-days by +140.22% in comparison to the 20-day moving average, which settled at $1.1176. In addition, Origin Materials Inc saw 41.71% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ORGN starting from Plavan Matthew T, who proposed sale 24,500 shares at the price of $0.99 back on Dec 27 ’24. After this action, Plavan Matthew T now owns shares of Origin Materials Inc, valued at $24,374 using the latest closing price.
Lee Joshua C., the Officer of Origin Materials Inc, proposed sale 25,000 shares at $0.99 during a trade that took place back on Dec 27 ’24, which means that Lee Joshua C. is holding shares at $24,873 based on the most recent closing price.
Stock Fundamentals for ORGN
Current profitability levels for the company are sitting at:
- -2.42 for the present operating margin
- -0.02 for the gross margin
The net margin for Origin Materials Inc stands at -2.3. The total capital return value is set at -0.22. Equity return is now at value -20.59, with -18.52 for asset returns.
Based on Origin Materials Inc (ORGN), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -10.17. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -236.99.
Currently, EBITDA for the company is 26.82 million with net debt to EBITDA at 0.66. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 1.52for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.27.
Conclusion
To sum up, Origin Materials Inc (ORGN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
