Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Origin Materials Inc’s current trading price is -83.71% away from its 52-week high, while its distance from the 52-week low is 41.65%. The stock’s price range over this period has fluctuated between $0.72 and $6.26. The company, operating within the financial sector, had a trading volume of approximately 0.85 million for the day, which was noticeably lower than the average daily share volume of 1.68 million over the last 3 months.
Origin Materials Inc (ORGN) stock is currently valued at $1.02. During the last session, the stock experienced a remarkable rise, reaching $1.13 after opening at $1.09. The stock briefly dropped to $1.01 before ultimately closing at $1.12.
The market performance of Origin Materials Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $6.26 on 02/06/23, while the lowest value for the same duration was $0.72 on 11/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Origin Materials Inc (ORGN) has experienced a quarterly decline of -27.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 147.17M and boasts a workforce of 155 employees.
Origin Materials Inc: What Analysts Are Saying
As of right now, 2 analysts are rating Origin Materials Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.1363, with a change in price of -3.3300. Similarly, Origin Materials Inc recorded 2,302,537 in trading volume during the last 100 days, posting a change of -76.55%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ORGN stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.
ORGN Stock Stochastic Average
Today’s raw stochastic average for Origin Materials Inc over the last 50 days is 34.88%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 61.22%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 74.14% and 70.57%, respectively.
ORGN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -77.87%. However, over the last six months, the performance has been stronger by -77.97%. The price of ORGN decreased -6.42% over the last 30 days. And in the last five days, it has fallen by -5.56%.