Origin Materials Inc (NASDAQ:ORGN) shares, rose in value on Thursday, April 16, with the stock price up by 1.75% to the previous day’s close as strong demand from buyers drove the stock to $0.60.
Actively observing the price movement in the last trading, the stock closed the session at $0.59, falling within a range of $0.5801 and $0.6177. The value of beta (5-year monthly) was 0.999. Referring to stock’s 52-week performance, its high was $1.90, and the low was $0.42. On the whole, ORGN has fluctuated by -21.51% over the past month.
With the market capitalization of Origin Materials Inc currently standing at about $90.33 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ORGN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ORGN currently trading nearly -5.92% and -21.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.73, while the 7-day volatility ratio is showing 7.98% which for the 30-day chart, stands at 9.91%. Furthermore, Origin Materials Inc (ORGN)’s beta value is 1.01, and its average true range (ATR) is 0.06.
A comparison of Origin Materials Inc (ORGN) with its peers suggests the former has fared considerably weaker in the market. ORGN showed an intraday change of 1.75% in last session, and over the past year, it grew by 1.89%%.
Data on historical trading for Origin Materials Inc (NASDAQ:ORGN) indicates that the trading volumes over the past 10 days have averaged 0.98 and over the past 3 months, they’ve averaged 1.39 million. According to company’s latest data on outstanding shares, there are 148.57 million shares outstanding.
Nearly 7.22% of Origin Materials Inc’s shares belong to company insiders and institutional investors own 17.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.52 million shares as on 2025-03-31, resulting in a short ratio of 4.83. According to the data, the short interest in Origin Materials Inc (ORGN) stood at 375.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 7.19 million. The stock has fallen by -52.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ORGN stock heading into the next quarter.
