Origin Materials Inc (NASDAQ:ORGN) has a beta value of 0.89 and has seen 0.41 million shares traded in the recent trading session. The company, currently valued at $122.12M, closed the recent trade at $0.83 per share which meant it lost -$0.01 on the day or -0.91% during that session. The ORGN stock price is -128.92% off its 52-week high price of $1.90 and 46.99% above the 52-week low of $0.44.
Origin Materials Inc (NASDAQ:ORGN) trade information
Sporting -0.91% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ORGN stock price touched $0.83 or saw a rise of 5.68%. Year-to-date, Origin Materials Inc shares have moved -34.77%, while the 5-day performance has seen it change -0.12%. Over the past 30 days, the shares of Origin Materials Inc (NASDAQ:ORGN) have changed -21.96%.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 72.33% from the levels at last check today. The projected low price target is $3.0 while the price target rests at a high of $3.0. In that case, then, we find that the latest price level in today’s session is -261.45% off the targeted high while a plunge would see the stock gain -261.45% from the levels at last check today.
Origin Materials Inc (ORGN) estimates and forecasts
The company’s shares have lost -41.61% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 8.10%.
1 analysts offering their estimates for the company have set an average revenue estimate of 9.08M for the current quarter.
ORGN Dividends
Origin Materials Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Origin Materials Inc (NASDAQ:ORGN)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 5.68 million shares worth more than $5.12 million. As of 2024-06-30, VANGUARD GROUP INC held 4.0074% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 2.47 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.23 million and represent 1.744% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 2.31% shares in the company for having 3.38 shares of worth $2.81 million while later fund manager owns 1.74 shares of worth $1.45 million as of Sep 30, 2024, which makes it owner of about 1.19% of company’s outstanding stock.
