In last trading session, Origin Materials Inc (NASDAQ:ORGN) saw 2.22 million shares changing hands with its beta currently measuring 0.82. Company’s recent per share price level of $0.81 trading at $0.0 or -0.27% at ring of the bell on the day assigns it a market valuation of $117.80M. That closing price of ORGN’s stock is at a discount of -522.22% from its 52-week high price of $5.04 and is indicating a premium of 45.68% from its 52-week low price of $0.44. Taking a look at company’s average trading volume volume of 1.88 million if we extend that period to 3-months.

Origin Materials Inc (NASDAQ:ORGN) trade information

Upright in the red during last session for losing -0.27%, in the last five days ORGN remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $0.81 price level, adding 8.77% to its value on the day. Origin Materials Inc’s shares saw a change of -3.46% in year-to-date performance and have moved 8.20% in past 5-day. Origin Materials Inc (NASDAQ:ORGN) showed a performance of 63.49% in past 30-days.

Origin Materials Inc (ORGN) estimates and forecasts

Statistics highlight that Origin Materials Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -19.12% of value to its shares in past 6 months, showing an annual growth rate of -22.58% while that of industry is -32.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -242.90% in the current quarter and calculating -100.00% decrease in the next quarter. This year revenue growth is estimated to rise 9.80% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $6.48 million for the same. And 1 analysts are in estimates of company making revenue of $7.78 million in the next quarter that will end on Jun 2024. Company posted $1.7 million and $7.03 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 280.30% while estimating it to be 10.70% for the next quarter.

ORGN Dividends

Origin Materials Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.