Is Origin Materials Inc (NASDAQ: ORGN) Stock Poised for More Growth?

In the last trading session, 6.69 million Origin Materials Inc (NASDAQ:ORGN) shares changed hands as the company’s beta touched 0.81. With the company’s per share price at $1.14 changed hands at $0.14 or 14.19% during last session, the market valuation stood at $166.35M. ORGN’s last price was a discount, traded about -342.11% off its 52-week high of $5.04. The share price had its 52-week low at $0.44, which suggests the last value was 61.4% up since then. When we look at Origin Materials Inc’s average trading volume, we note the 3-month average coming to 1.97 million.

Origin Materials Inc (NASDAQ:ORGN) trade information

Instantly ORGN was in green as seen at the end of in last trading. With action 61.82%, the performance over the past five days has been green. The jump to weekly highs of 1.2500 added 14.19% to the stock’s daily price. The company’s shares are showing year-to-date upside of 36.33%, with the 5-day performance at 61.82% in the green. However, in the 30-day time frame, Origin Materials Inc (NASDAQ:ORGN) is 75.49% up.

Origin Materials Inc (ORGN) estimates and forecasts

Data shows that the Origin Materials Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 14.07% over the past 6 months, a -22.58% in annual growth rate that is considerably higher than the industry average of -32.00%.

The 2024 estimates are for Origin Materials Inc earnings to decrease by -17.01%.

ORGN Dividends

Origin Materials Inc is expected to release its next quarterly earnings report in June.