Wall Street Was Disappointed By Origin Materials Inc (NASDAQ: ORGN)’s -11.64% Stock Price Decline

Origin Materials Inc (NASDAQ:ORGN) has a beta value of 0.94 and has seen 15.1 million shares traded in the last trading session. The company, currently valued at $132.51M, closed the last trade at $0.90 per share which meant it lost -$0.12 on the day or -11.64% during that session. The ORGN stock price is -403.33% off its 52-week high price of $4.53 and 51.11% above the 52-week low of $0.44. The 3-month trading volume is 2.10 million shares.

Origin Materials Inc (NASDAQ:ORGN) trade information

Sporting -11.64% in the red in last session, the stock has traded in the green over the last five days, when the ORGN stock price touched $0.90 or saw a rise of 15.89%. Year-to-date, Origin Materials Inc shares have moved 7.79%, while the 5-day performance has seen it change 0.14%. Over the past 30 days, the shares of Origin Materials Inc (NASDAQ:ORGN) have changed -21.63%.

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Origin Materials Inc (ORGN) estimates and forecasts

The company’s shares have gained 1.85% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 11.00%.

1 analysts offering their estimates for the company have set an average revenue estimate of 7.78M for the current quarter. 1 have an estimated revenue figure of 8.3M for the next ending quarter. Year-ago sales stood 7.03M and 7.14M respectively for this quarter and the next, and analysts expect sales will grow by 10.70% for the current quarter and 11.00% for the next.

ORGN Dividends

Origin Materials Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.