OMERS ADMINISTRATION Corp Makes New Investment in Origin Materials, Inc. (NASDAQ:ORGN)

OMERS ADMINISTRATION Corp acquired a new position in shares of Origin Materials, Inc. (NASDAQ:ORGN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 257,782 shares of the financial services provider’s stock, valued at approximately $330,000. OMERS ADMINISTRATION Corp owned approximately 0.18% of Origin Materials at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Two Sigma Securities LLC bought a new position in shares of Origin Materials in the 4th quarter worth about $34,000. StoneX Group Inc. bought a new position in shares of Origin Materials in the 4th quarter worth about $35,000. Barclays PLC lifted its position in shares of Origin Materials by 3,019,800.0% in the 4th quarter. Barclays PLC now owns 30,199 shares of the financial services provider’s stock worth $39,000 after buying an additional 30,198 shares during the last quarter. Capstone Wealth Management LLC bought a new position in shares of Origin Materials in the 4th quarter worth about $50,000. Finally, Arete Wealth Advisors LLC lifted its position in shares of Origin Materials by 21.7% in the 4th quarter. Arete Wealth Advisors LLC now owns 90,013 shares of the financial services provider’s stock worth $115,000 after buying an additional 16,050 shares during the last quarter. 29.91% of the stock is currently owned by institutional investors.

Origin Materials Stock Performance

Origin Materials stock opened at $0.52 on Tuesday. The firm’s 50-day moving average is $0.67 and its 200-day moving average is $0.92. Origin Materials, Inc. has a 1 year low of $0.40 and a 1 year high of $1.90. The company has a market cap of $77.23 million, a P/E ratio of -0.91 and a beta of 0.98.

Origin Materials (NASDAQ:ORGN) last posted its quarterly earnings results on Thursday, May 15th. The financial services provider reported ($0.18) earnings per share (EPS) for the quarter. The business had revenue of $5.43 million during the quarter. Origin Materials had a negative return on equity of 21.26% and a negative net margin of 229.52%. As a group, sell-side analysts predict that Origin Materials, Inc. will post -0.6 earnings per share for the current year.

About Origin Materials

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.