Origin Materials Inc (NASDAQ: ORGN) Stock Dropped -27.60% Over A Month – Any Room To Run?

Origin Materials Inc (NASDAQ:ORGN)’s traded shares stood at 0.86 million during the last session, with the company’s beta value hitting 0.93. At the close of trading, the stock’s price was $0.75, to imply a decrease of -2.84% or -$0.02 in intraday trading. The ORGN share’s 52-week high remains $1.90, putting it -153.33% down since that peak but still an impressive 41.33% since price per share fell to its 52-week low of $0.44. The company has a valuation of $112.46M, with an average of 1.06 million shares in intraday trading volume over the past 10 days and average of 1.50 million shares over the past 3 months.

Origin Materials Inc (NASDAQ:ORGN) trade information

After registering a -2.84% downside in the last session, Origin Materials Inc (ORGN) has traded red over the past five days. The 5-day price performance for the stock is -7.54%, and -27.60% over 30 days. With these gigs, the year-to-date price performance is -41.17%. Short interest in Origin Materials Inc (NASDAQ:ORGN) saw shorts transact 7.19 million shares and set a 3.96 days time to cover.

The extremes give us $3 and $3 for target low and target high price respectively. As such, ORGN has been trading -300.0% off suggested target high and -300.0% from its likely low.

Origin Materials Inc (ORGN) estimates and forecasts

The rating firms project that company’s revenue will grow 79.42% compared to the previous financial year.

ORGN Dividends

Origin Materials Inc has its next earnings report out on 2025-Mar-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Origin Materials Inc (NASDAQ:ORGN)’s Major holders

Origin Materials Inc insiders hold 8.25% of total outstanding shares, with institutional holders owning 17.98% of the shares at 19.59% float percentage. In total, 17.98% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 5.68 million shares (or 4.0074% of shares), all amounting to roughly $5.12 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 2.47 million shares, or about 1.744% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.23 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Origin Materials Inc (ORGN) shares. Going by data provided on Dec 31, 2024 , Vanguard Total Stock Market Index Fund holds roughly 3.38 shares. This is just over 2.26% of the total shares, with a market valuation of $2.54 million. Data from the same date shows that the other fund manager holds a little less at 1.74, or 1.17% of the shares, all valued at about 1.31 million.