After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023.
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Stocks Info
The company is listed on the NASDAQ and operates within the Chemicals industry segment. The current market capitalization of Origin Materials Inc is $86.87M. A total of 3.64 million shares were traded on the day, compared to an average of 1.63M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ORGN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 19 BUYs and 5 SELLs from insiders. Insiders purchased 2,170,294 shares during that period but sold 101,533.
In the most recent transaction, Bissell John sold 40,000 shares of ORGN for 0.78 per share on Dec 13. After the transaction, the Co-CEO and Director now owns 1,173,828 company shares. In a previous transaction on Dec 13, Lee Joshua C. sold 17,500 shares at 0.77 per share. ORGN shares that General Counsel owns now total 261,194.
Among the insiders who sold shares, Lee Joshua C. disposed of 12,400 shares on Nov 13 at a per-share price of $0.92. This resulted in the General Counsel holding 278,694 shares of ORGN after the transaction. In another insider transaction, Bissell John sold 9,500 shares at $0.92 per share on Nov 13. Company shares held by the Co-CEO and Director now total 1,213,828.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ORGN has a high of $5.04 and a low of $0.48.
As of this writing, ORGN has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.13 per share and a lower estimate of -$0.13. The company reported an EPS of $0.22 in the last quarter, which was 269.20% higher than expectations of -$0.13.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ORGN’s latest balance sheet shows that the firm has $444.10M in Cash & Short Term Investments as of fiscal 2021. There were $6.96M in debt and $4.19M in liabilities at the time. Its Book Value Per Share was $2.90, while its Total Shareholder’s Equity was $303.51M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 3.00.
