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Tuesday, March 21, 2023

Value Investing Philosophy And Origin Materials Inc. (NASDAQ: ORGN)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Origin Materials Inc. (ORGN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.67%, to $6.00. The Origin Materials Inc. has recorded 33,653 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Origin Materials Announces Mechanical Completion of Origin 1 Manufacturing Plant.


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Stocks Info

ORGN belongs to the Basic Materials sector of the NASDAQ while operating in the Chemicals industry. At the end of the last regular session, the stock closed at $5.96 and fluctuated between $6.06 as its day high and $5.74 as its day low. The current market capitalization of Origin Materials Inc. is $806.03M. A total of 1.08 million shares were traded on the day, compared to an average of 824.10K shares.

In the most recent transaction, SIM Boon sold 1,300 shares of ORGN for 6.05 per share on Feb 01. After the transaction, the Director now owns 5,033,311 company shares. In a previous transaction on Jan 31, SIM Boon sold 64,300 shares at 6.05 per share. ORGN shares that Director owns now total 5,034,611.

Among the insiders who sold shares, Whaley Nathan S. disposed of 49,563 shares on Jan 30 at a per-share price of $6.01. This resulted in the Chief Financial Officer holding 120,000 shares of ORGN after the transaction. In another insider transaction, SIM Boon sold 20,900 shares at $6.06 per share on Jan 30. Company shares held by the Director now total 5,098,911.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ORGN’s most recent ex-dividend date was 9/26/2014 when it declared a $0.08 quarterly dividend that was paid in cash on 10/14/2014. Previously, the company paid the dividend on 6/20/2014 with an ex-dividend date of 6/10/2014. The ORGN stock dividend was $0.08 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ORGN in the last 3 months, the mean price target is $12.60 with high estimates of $20.00 and low estimates of $7.00. In terms of 52-week highs and lows, ORGN has a high of $7.71 and a low of $4.18.

As of this writing, ORGN has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.1. The company reported an EPS of $0.05 in the last quarter, which was 183.30% higher than expectations of -$0.06.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORGN is Overweight with a score of 4.00. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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