In the last trading session, 4.26 million Origin Materials Inc (NASDAQ:ORGN) shares changed hands as the company’s beta touched 0.78. With the company’s per share price at $0.52 changed hands at $0.08 or 17.52% during last session, the market valuation stood at $77.54M. ORGN’s last price was a discount, traded about -265.38% off its 52-week high of $1.90. The share price had its 52-week low at $0.40, which suggests the last value was 23.08% up since then.
Origin Materials Inc (NASDAQ:ORGN) trade information
Instantly ORGN was in green as seen at the end of in last trading. With action -26.13%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -59.60%, with the 5-day performance at -26.13% in the red. However, in the 30-day time frame, Origin Materials Inc (NASDAQ:ORGN) is -14.44% down.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 82.67% from its current market value. According to analyst projections, ORGN’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -476.92% plunge from its current level, while the stock would need to soar -476.92% for it to hit the projected low.
Origin Materials Inc (ORGN) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -4.80%. The 2025 estimates are for Origin Materials Inc earnings to increase by 24.27%.
Origin Materials Inc (NASDAQ:ORGN)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 1.7296% or 2.47 million shares worth $2.23 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. With 3.38 shares estimated at $1.75 million under it, the former controlled 2.25% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.16% of the shares, roughly 1.74 shares worth around $0.9 million.