In the last trading session, 1.05 million shares of the Origin Materials Inc (NASDAQ:ORGN) were traded, and its beta was 0.83. Most recently the company’s share price was $0.61, and it changed around $0.05 or 7.59% from the last close, which brings the market valuation of the company to $90.76M. ORGN currently trades at a discount to its 52-week high of $1.90, offering almost -211.48% off that amount. The share price’s 52-week low was $0.40, which indicates that the current value has risen by an impressive 34.43% since then. We note from Origin Materials Inc’s average daily trading volume that its 10-day average is 0.96 million shares, with the 3-month average coming to 1.10 million.
Origin Materials Inc stock received a consensus recommendation rating of Underweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ORGN as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight.
Origin Materials Inc (NASDAQ:ORGN) trade information
Instantly ORGN has showed a green trend with a performance of 7.59% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -22.61% year-to-date, but still up 25.27% over the last five days. On the other hand, Origin Materials Inc (NASDAQ:ORGN) is 31.62% up in the 30-day period. We can see from the shorts that 2.89 million shares have been sold at a short interest cover period of 1.79 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 79.67% from its current value. Analyst projections state that ORGN is forecast to be at a low of $3 and a high of $3.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -4.80%.
ORGN Dividends
Origin Materials Inc’s next quarterly earnings report is expected to be released on 2025-Mar-13.
Origin Materials Inc (NASDAQ:ORGN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.56% of Origin Materials Inc shares, and 15.25% of them are in the hands of institutional investors. The stock currently has a share float of 16.32%. Origin Materials Inc stock is held by 119.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 3.9745% of the shares, which is about 5.68 million shares worth $5.12 million.
BLACKROCK INC., with 1.7296% or 2.47 million shares worth $2.23 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 3.38 shares worth $2.04 million, making up 2.25% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 1.77 shares worth around $1.07 million, which represents about 1.18% of the total shares outstanding.
