Origin Materials Inc (NASDAQ:ORGN) price closed lower on Monday, April 15, dropping -4.06% below its previous close.
A look at the daily price movement shows that the last close reads $0.62. The company’s P/E ratio in the trailing 12-month period read 3.60. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.04 and 52-week low of $0.44. The stock added 19.99% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ORGN a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that ORGN’s price is at present 3.75% off the SMA20 and 6.67% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.18, with weekly volatility standing at 9.54%. The indicator jumps to 11.79% when calculated based on the past 30 days. Origin Materials Inc (NASDAQ:ORGN)’s beta value is holding at 1.06, while the average true range (ATR) indicator is currently reading 0.07.
An analysis of the Origin Materials Inc (NASDAQ:ORGN) stock in terms of its daily trading volume indicates that the 3-month average is 1.80 million.
Current records show that the company has 145.71M in outstanding shares. The insiders’ percentage holdings are 15.67% of outstanding shares while the percentage share held by institutions stands at 23.21%. But the -29.14% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
