Origin Materials Inc (NASDAQ:ORGN) price on current trading day, rose 5.34% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.56.
A look at the stock’s price movement, the close in the last trading session was $0.53, moving within a range at $0.52 and $0.5919. The beta value (5-Year monthly) was 0.999. Turning to its 52-week performance, $1.90 and $0.42 were the 52-week high and 52-week low respectively. Overall, ORGN moved -29.23% over the past month.
Origin Materials Inc’s market cap currently stands at around $84.08 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-12.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 56.12M, representing a 79.42% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ORGN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
ORGN’s current price about -20.14% and -30.52% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 27.96, while 7-day volatility ratio is 18.40% and 9.91% in the 30-day chart. Further, Origin Materials Inc (ORGN) has a beta value of 1.04, and an average true range (ATR) of 0.07. Analysts have given the company’s stock an average 52-week price target of $3, forecast between a low of $3 and high of $3. Looking at the price targets, the low is -435.71% off current price level while to achieve the yearly target high, price needs to move -435.71%. Nonetheless, investors will most likely welcome a -435.71% jump to $3 which is the analysts’ median price.
If we refocus on Origin Materials Inc (NASDAQ:ORGN), historical trading data shows that trading volumes averaged 1.41 over the past 10 days and 1.44 million over the past 3 months. The company’s latest data on shares outstanding shows there are 148.57 million shares.
The 7.22% of Origin Materials Inc’s shares are in the hands of company insiders while institutional holders own 17.09% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.28 million on 2025-03-14, giving us a short ratio of 3.92. The data shows that as of 2025-03-14 short interest in Origin Materials Inc (ORGN) stood at 496.0 of shares outstanding, with shares short rising to 7.09 million registered in 2025-02-14. Current price change has pushed the stock -56.05% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ORGN stock continues to rise going into the next quarter.
