Origin Materials Inc (NASDAQ:ORGN) concluded the trading at $1.00 on Thursday, May 02, with a rise of 23.66% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.81 and 5Y monthly beta was reading 1.16. Company’s P/E ratio for the trailing 12 months is 6.06. Considering stock’s 52-week price range provides that ORGN hit a high price of $5.04 and saw its price falling to a low level of $0.44 during that period. Over a period of past 1-month, stock came adding 65.42% in its value.
In contrast, when we review ORGN stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of Hold for it.
Digging deeper we become aware of the PEG ratio of the ORGN stock which is currently positioned at 0. It further provides that stock’s current price level is 45.77% away from its 20-day simple moving average and is 67.22% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 76.07 while volatility remained at 12.82% over the past week which changes to 14.20% when measuring it over the past month. Beta is valued at 0.82, while measure of average true range or ATR is currently at 0.08.
Having a second look at Origin Materials Inc (NASDAQ:ORGN) provides that stock’s average daily trading volume for 3 months was 1.93 million. Number of outstanding shares of the stock stood at 145.71 million.
The percentage of outstanding shares held by the insiders is 15.67% while it is 23.25% for the institutional holders. Addition of 19.39% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
