Origin Materials Inc (NASDAQ: ORGN) is -36.37% lower on its value in year-to-date trading and has touched a low of $0.44 and a high of $1.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ORGN stock was last observed hovering at around $0.85 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.81, the stock is -5.43% and -15.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing -4.19% at the moment leaves the stock -28.72% off its SMA200. ORGN registered 49.29% gain for a year compared to 6-month loss of -45.71%. The firm has a 50-day simple moving average (SMA 50) of $0.96166 and a 200-day simple moving average (SMA200) of $1.142515.
The stock witnessed a -1.94% gain in the last 1 month and extending the period to 3 months gives it a -29.18%, and is -0.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.54% over the week and 9.60% over the month.
Origin Materials Inc (ORGN) has around 112 employees, a market worth around $121.63M and $35.12M in sales. Profit margin for the company is -229.52%. Distance from 52-week low is 84.17% and -57.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.11%).
The EPS is expected to grow by 26.07% this year, but quarterly earnings will post 79.42% year-over-year.
Origin Materials Inc (ORGN) Top Institutional Holders
118.0 institutions hold shares in Origin Materials Inc (ORGN), with institutional investors hold 20.07% of the company’s shares. The shares outstanding are 145.89M, and float is at 135.63M with Short Float at 5.30%. Institutions hold 18.38% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.68 million shares valued at $5.12 million. The investor’s holdings represent 4.0074% of the ORGN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.47 million shares valued at $2.23 million to account for 1.744 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 2.4 million shares representing 1.6814% and valued at over $2.17 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.9781 of the shares totaling 1.4 million with a market value of $1.26 million.
Origin Materials Inc (ORGN) Insider Activity
The most recent transaction is an insider sale by Lee Joshua C., the company’s General Counsel. SEC filings show that Lee Joshua C. sold 10,441 shares of the company’s common stock on Mar 05 ’25 at a price of $0.85 per share for a total of $8926.0. Following the sale, the insider now owns 0.69 million shares.
Origin Materials Inc disclosed in a document filed with the SEC on Mar 05 ’25 that Bissell John (CEO and Director) sold a total of 20,828 shares of the company’s common stock. The trade occurred on Mar 05 ’25 and was made at $0.85 per share for $17777.0. Following the transaction, the insider now directly holds 2.11 million shares of the ORGN stock.
Still, SEC filings show that on Mar 05 ’25, Plavan Matthew T (CFO and COO) disposed off 9,725 shares at an average price of $0.86 for $8343.0. The insider now directly holds 1,510,231 shares of Origin Materials Inc (ORGN).
