Origin Materials, Inc. (NASDAQ:ORGN – Get Rating) insider Stephen Galowitz sold 125,000 shares of the business’s stock in a transaction dated Wednesday, August 3rd. The stock was sold at an average price of $6.00, for a total value of $750,000.00. Following the completion of the sale, the insider now directly owns 163,265 shares of the company’s stock, valued at approximately $979,590. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Origin Materials Price Performance
Shares of NASDAQ:ORGN opened at $6.68 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 61.85 and a quick ratio of 61.85. The business has a 50-day moving average of $5.81 and a two-hundred day moving average of $5.98. The stock has a market capitalization of $944.77 million, a P/E ratio of 10.77 and a beta of 0.97. Origin Materials, Inc. has a fifty-two week low of $4.65 and a fifty-two week high of $8.10.
Origin Materials (NASDAQ:ORGN – Get Rating) last posted its quarterly earnings data on Monday, May 9th. The financial services provider reported ($0.06) EPS for the quarter, hitting analysts’ consensus estimates of ($0.06). On average, equities research analysts predict that Origin Materials, Inc. will post -0.23 EPS for the current fiscal year.
Hedge Funds Weigh In On Origin Materials
About Origin Materials
Micromidas, Inc, doing business as Origin Materials, produces and commercializes plant-based PET plastic. It develops a platform for turning the carbon found in biomass into useful materials, while capturing carbon in the process. The company serves tire filler, carbon black, agriculture, and activated carbon markets.
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