Origin Materials (NASDAQ:ORGN – Get Free Report) will release its earnings data after the market closes on Thursday, November 14th. Analysts expect Origin Materials to post earnings of ($0.11) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Origin Materials (NASDAQ:ORGN – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The financial services provider reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.02). Origin Materials had a negative net margin of 37.93% and a negative return on equity of 14.10%. The business had revenue of $7.03 million for the quarter. On average, analysts expect Origin Materials to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Origin Materials Stock Performance
Shares of ORGN opened at $1.25 on Wednesday. The company has a quick ratio of 13.48, a current ratio of 13.57 and a debt-to-equity ratio of 0.01. Origin Materials has a 12 month low of $0.44 and a 12 month high of $1.90. The company’s fifty day moving average is $1.46 and its 200-day moving average is $1.18. The firm has a market cap of $182.19 million, a price-to-earnings ratio of -13.89 and a beta of 1.00.
Insider Buying and Selling at Origin Materials
Analyst Ratings Changes
Separately, Bank of America raised Origin Materials from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $1.35 to $3.00 in a research report on Friday, August 16th.
Check Out Our Latest Research Report on Origin Materials
Origin Materials Company Profile
Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products.
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