Origin Materials Inc [NASDAQ: ORGN] jumped around 0.2 points on Tuesday, while shares priced at $0.88 at the close of the session, up 30.34%.
Compared to the average trading volume of 1.18M shares, ORGN reached a trading volume of 7294069 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Origin Materials Inc [ORGN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ORGN shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ORGN stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Origin Materials Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, BofA Securities raised their target price from $1.35 to $3. The new note on the price target was released on August 16, 2024, representing the official price target for Origin Materials Inc stock. Previously, the target price had yet another raise to $2, while Craig Hallum analysts kept a Hold rating on ORGN stock.
The Price to Book ratio for the last quarter was 0.42, with the Price to Cash per share for the same quarter was set at 0.55.
How has ORGN stock performed recently?
Origin Materials Inc [ORGN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.32. With this latest performance, ORGN shares gained by 56.47% in over the last four-week period, additionally sinking by -7.58% over the last 6 months – not to mention a drop of -31.23% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ORGN stock in for the last two-week period is set at 70.39, with the RSI for the last a single of trading hit 0.0901, and the three-weeks RSI is set at 0.0707 for Origin Materials Inc [ORGN]. The present Moving Average for the last 50 days of trading for this stock 0.5550, while it was recorded at 0.7393 for the last single week of trading, and 0.8566 for the last 200 days.
Origin Materials Inc [ORGN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Origin Materials Inc [ORGN] shares currently have an operating margin of -226.30% and a Gross Margin at -35.89%. Origin Materials Inc’s Net Margin is presently recorded at -321.96%.
Origin Materials Inc (ORGN) Capital Structure & Debt Analysis
According to recent financial data for Origin Materials Inc. ( ORGN), the Return on Equity (ROE) stands at -26.63%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -24.13%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Origin Materials Inc’s Return on Invested Capital (ROIC) is -30.06%, showcasing its effectiveness in deploying capital for earnings.
Origin Materials Inc (ORGN) Efficiency & Liquidity Metrics
Based on Origin Materials Inc’s (ORGN) latest financial statements, the Debt-to-Equity Ratio is 0.02%, indicating its reliance on debt financing relative to shareholder equity.
Origin Materials Inc (ORGN) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Origin Materials Inc. (ORGN) effectively leverages its workforce, generating an average of -$882752.29 per employee. The company’s liquidity position is robust, with a Current Ratio of 9.51% and a Quick Ratio of 9.44%, indicating strong ability to cover short-term liabilities.
Insider trade positions for Origin Materials Inc [ORGN]
There are presently around $14.86%, or 15.91% of ORGN stock, in the hands of institutional investors. The top three institutional holders of ORGN stocks are: VANGUARD GROUP INC with ownership of 5.68 million shares, which is approximately 3.9745%. BLACKROCK INC., holding 2.47 million shares of the stock with an approximate value of $$2.23 million in ORGN stocks shares; and BLACKROCK INC., currently with $$2.17 million in ORGN stock with ownership which is approximately 1.6814%.
