At the time of writing, Origin Materials Inc [ORGN] stock is trading at $1.24, up 4.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ORGN shares have gain 13.76% over the last week, with a monthly amount drifted -11.43%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Origin Materials Inc [NASDAQ: ORGN] stock has seen the most recent analyst activity on August 16, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $3 from $1.35. Previously, Craig Hallum downgraded its rating to Hold on August 11, 2023, and kept the price target unchanged to $2. On October 14, 2022, Credit Suisse initiated with a Outperform rating and assigned a price target of $7 on the stock. BofA Securities upgraded its rating to a Buy. HSBC Securities initiated its recommendation with a Buy and recommended $15 as its price target on November 23, 2021. BofA Securities started tracking with a Neutral rating for this stock on October 05, 2021, and assigned it a price target of $8. In a note dated September 09, 2021, Goldman initiated an Neutral rating and provided a target price of $10 on this stock.
For the past year, the stock price of Origin Materials Inc fluctuated between $0.44 and $1.90. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Origin Materials Inc [NASDAQ: ORGN] shares were valued at $1.24 at the most recent close of the market. An investor can expect a potential return of 141.94% based on the average ORGN price forecast.
Analyzing the ORGN fundamentals
According to Origin Materials Inc [NASDAQ:ORGN], the company’s sales were 35.12M for trailing twelve months, which represents an 14.87% jump. Gross Profit Margin for this corporation currently stands at -0.02% with Operating Profit Margin at -2.42%, Pretax Profit Margin comes in at -2.32%, and Net Profit Margin reading is -2.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.2 and Total Capital is -0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1700 points at the first support level, and at 1.1000 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2800, and for the 2nd resistance point, it is at 1.3200.
Ratios To Look Out For
It is important to note that Origin Materials Inc [NASDAQ:ORGN] has a current ratio of 16.27. Further, the Quick Ratio stands at 16.16, while the Cash Ratio is 6.49. Considering the valuation of this stock, the price to sales ratio is 5.38, the price to book ratio is 0.50.
Transactions by insiders
Recent insider trading involved Riley Richard J., CO-CEO AND DIRECTOR, that happened on Nov 20 ’24 when 0.3 million shares were purchased. General Counsel, Lee Joshua C. completed a deal on Nov 14 ’24 to sell 8784.0 shares. Meanwhile, Co-CEO and Director Bissell John sold 6598.0 shares on Nov 14 ’24.
