Origin Materials Inc (NASDAQ:ORGN) has a beta value of 0.98 and has seen 0.71 million shares traded in the recent trading session. The company, currently valued at $101.09M, closed the recent trade at $0.68 per share which meant it lost -$0.02 on the day or -3.62% during that session. The ORGN stock price is -179.41% off its 52-week high price of $1.90 and 27.94% above the 52-week low of $0.49. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.03 million shares traded. The 3-month trading volume is 1.47 million shares.
Origin Materials Inc (NASDAQ:ORGN) trade information
Sporting -3.62% 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 $0.68 or saw a rise of 11.99%. Year-to-date, Origin Materials Inc shares have moved -47.12%, while the 5-day performance has seen it change -7.79%. Over the past 30 days, the shares of Origin Materials Inc (NASDAQ:ORGN) have changed -25.92%. Short interest in the company has seen 7.28 million shares shorted with days to cover at 3.92.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 77.33% 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 -341.18% off the targeted high while a plunge would see the stock gain -341.18% from the levels at last check today..
Origin Materials Inc (ORGN) estimates and forecasts
The company’s shares have lost -56.34% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 79.42%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -4.80% over the past 5 years.
ORGN Dividends
Origin Materials Inc is expected to release its next earnings report on 2025-Mar-12 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
Insiders own 8.24% of the company shares, while shares held by institutions stand at 17.97% with a share float percentage of 19.58%. Investors are also buoyed by the number of investors in a company, with Origin Materials Inc having a total of 118.0 institutions that hold shares in the company. 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 1.7296% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.26% shares in the company for having 3.38 shares of worth $2.21 million while later fund manager owns 1.74 shares of worth $1.14 million as of Dec 31, 2024 , which makes it owner of about 1.17% of company’s outstanding stock.
