Origin Mat Stock (NASDAQ:ORGN), Trade Ideas

Origin Mat

Origen Financial

ORIGEN FINANCIAL

Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process. Its products include, PET circular caps and closures, Para-xylene, carbon black, Levulinic acid among others.

News

Penny Stocks

Small Cap

Intraday Update

Markets

Movers

Trading Ideas

ABAT

AGIL

AGRI

AKRO

ASST

ASTR

ATHX

BCEL

BTWN

BXRX

CELU

CHPT

CMND

DADA

ELYS

ETWO

EXAI

FBYD

FEAM

GDHG

HOFV

HUBC

HYLN

INSP

INTZ

LXFR

MGRX

NVAX

ORGN

OTRK

PHIO

PRZO

RETO

SHCR

SILK

SPCB

TCBP

TMDX

Tempest Therapeutics, Inc. - Common Stock

TPST

VINO

VJET

VOXX

VSCO

VSME

WHLR

Gainers


	Tempest Therapeutics, Inc. (NASDAQ: TPST) shares jumped 1067% to $2.80 after the company released new data demonstrating superiority of TPST-1120 arm across multiple study endpoints in first-line hepatocellular carcinoma study.


Why Astra Space Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Wednesday&#39;s Mid-Day Session

Long Ideas

Pre-Market Outlook

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Top 5 Materials Stocks That Are Preparing To Pump In October

Origin Materials, Inc. (NASDAQ: ORGN) shares dropped on Monday. The company recently announced the appointment of a new CFO.

What&#39;s Going On With Origin Materials Stock Today?

Origin Materials, Inc. - Class A Common Stock

Origin Materials Inc

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>The following stocks are considered to be notable value stocks in the basic materials sector:</h2>
<ol>
<li>Suzano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUZ#NYSE">SUZ</a>) - P/E: 5.47</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 3.25</li>
<li>Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) - P/E: 6.19</li>
<li>Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) - P/E: 6.67</li>
<li>CVR Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAN#NYSE">UAN</a>) - P/E: 4.02</li>
</ol>
Suzano has reported Q4 earnings per share at $0.7, which has increased by 683.33% compared to Q3, which was -0.12. Origin Mat saw a decrease in earnings per share from 0.22 in Q3 to $-0.07 now. Clearwater Paper's earnings per share for Q4 sits at $1.35, whereas in Q3, they were at 2.19. Most recently, Warrior Met Coal reported earnings per share at $2.49, whereas in Q3 earnings per share sat at $1.85. CVR Partners has reported Q4 earnings per share at $0.94, which has increased by 1242.86% compared to Q3, which was 0.07. The company's most recent dividend yield sits at 9.28%, which has increased by 1.36% from 7.92% last quarter. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

A Look Into Basic Materials Sector Value Stocks

Guidance

Origin Materials Sees FY24 Revenue $25M-$35M

Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Origin Mat beat estimated earnings by 50.0%, reporting an EPS of $-0.07 versus an estimate of $-0.14.
Revenue was up $13.06 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.35 which was followed by a 18.0% drop in the share price the next day.

To track all earnings releases for Origin Mat <a href="https://www.benzinga.com/quote/ORGN/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Recap: Origin Mat Q4 Earnings

Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) reported quarterly losses of $(0.070) per share which beat the analyst consensus estimate of $(0.140) by 50 percent. This is a 163.64 percent decrease over earnings of $0.110 per share from the same period last year. The company reported quarterly sales of $13.063 million which beat the analyst consensus estimate of $12.000 million by 8.86 percent.

Earnings Beats

Origin Mat Q4 2023 GAAP EPS $(0.070) Beats $(0.140) Estimate, Sales $13.063M Beat $12.000M Estimate

ABUS

ACIC

ACIW

ADSK

AINC

AKLI

AMRN

AMWD

ANIP

ARGX

ARLO

AVPT

BBWI

BIRK

BLFS

BRFH

CAPR

CCOI

CDRO

CELH

CERT

CMPS

CMRX

COMM

CPSI

CRAI

CRDF

CRON

CUBE

CVEO

DAVA

DELL

DHIL

DMTK

DOLE

DOUG

ESAB

ESTC

EVLV

EVRG

EVRI

EXLS

FDUS

FIHL

FREY

FSCO

GDEN

GDRX

GECC

GLNG

GOLF

GOVX

GRBK

HAYW

HYFM

IHRT

INSW

INUV

ITRN

JAKK

KPTI

LSEA

LSTA

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

MNTX

MPLN

NBBK

Earnings Scheduled For February 29, 2024

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Below is a list of notable value stocks in the basic materials sector:</h2>
<ol>
<li>Commercial Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) - P/E: 8.24</li>
<li>LSB Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXU#NYSE">LXU</a>) - P/E: 6.1</li>
<li>Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) - P/E: 6.18</li>
<li>Sylvamo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLVM#NYSE">SLVM</a>) - P/E: 9.31</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 1.47</li>
</ol>
Commercial Metals has reported Q1 earnings per share at $1.63, which has decreased by 3.55% compared to Q4, which was 1.69. The company's most recent dividend yield sits at 1.31%, which has decreased by 0.02% from 1.33% last quarter. 
LSB Industries's earnings per share for Q3 sits at $-0.1, whereas in Q2, they were at 0.25. Clearwater Paper saw a decrease in earnings per share from 2.19 in Q3 to $1.35 now. This quarter, Sylvamo experienced a decrease in earnings per share, which was $1.7 in Q3 and is now $1.16. Its most recent dividend yield is at 2.14%, which has decreased by 0.25% from 2.39% in the previous quarter.
Origin Mat saw an increase in earnings per share from -0.05 in Q2 to $0.22 now. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

SLVM

5 Value Stocks In The Basic Materials Sector

<h3>Understanding Value Stocks</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Below is a list of notable value stocks in the basic materials sector:</h2>
<ol>
<li>Arch Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCH#NYSE">ARCH</a>) - P/E: 4.25</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 2.01</li>
<li>Commercial Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) - P/E: 6.66</li>
<li>Alpha Metallurgical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>) - P/E: 7.14</li>
<li>Boise Cascade (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCC#NYSE">BCC</a>) - P/E: 9.84</li>
</ol>
Arch Resources saw a decrease in earnings per share from 4.04 in Q2 to $3.91 now. Origin Mat's earnings per share for Q3 sits at $0.22, whereas in Q2, they were at -0.05. This quarter, Commercial Metals experienced a decrease in earnings per share, which was $2.02 in Q3 and is now $1.69. The company's most recent dividend yield sits at 1.31%, which has decreased by 0.02% from 1.33% last quarter. 
Alpha Metallurgical saw a decrease in earnings per share from 12.16 in Q2 to $6.65 now. Most recently, the company reported a dividend yield of 1.15%, which has decreased by 0.27% from last quarter's yield of 1.42%.
This quarter, Boise Cascade experienced a decrease in earnings per share, which was $3.67 in Q2 and is now $3.58. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

ARCH

Overview Of Value Stocks In The Basic Materials Sector

<h3>What Defines a Value Stock?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:</h2>
<ol>
<li>Vale (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>) - P/E: 7.57</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 2.44</li>
<li>Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) - P/E: 7.11</li>
<li>Sylvamo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLVM#NYSE">SLVM</a>) - P/E: 7.34</li>
<li>Mosaic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>) - P/E: 9.14</li>
</ol>
Most recently, Vale reported earnings per share at $0.66, whereas in Q2 earnings per share sat at $0.2. Origin Mat has reported Q3 earnings per share at $0.22, which has increased by 540.0% compared to Q2, which was -0.05. This quarter, Warrior Met Coal experienced an increase in earnings per share, which was $1.63 in Q2 and is now $1.85. Most recently, the company reported a dividend yield of 0.6%, which has decreased by 0.06% from last quarter's yield of 0.66%.
This quarter, Sylvamo experienced an increase in earnings per share, which was $1.14 in Q2 and is now $1.7. Its most recent dividend yield is at 2.39%, which has decreased by 0.46% from 2.85% in the previous quarter.
Most recently, Mosaic reported earnings per share at $0.68, whereas in Q2 earnings per share sat at $1.04. The company's most recent dividend yield sits at 2.26%, which has increased by 0.11% from 2.15% last quarter. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

VALE

<h3>What are Value Stocks?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the basic materials sector:</h2>
<ol>
<li>ArcelorMittal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>) - P/E: 5.71</li>
<li>LSB Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXU#NYSE">LXU</a>) - P/E: 7.43</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 2.6</li>
<li>Ramaco Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METCB#NASDAQ">METCB</a>) - P/E: 9.02</li>
<li>Albemarle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) - P/E: 5.16</li>
</ol>
ArcelorMittal saw a decrease in earnings per share from 2.2 in Q2 to $1.1 now. Its most recent dividend yield is at 1.28%, which has increased by 0.51% from 0.77% in the previous quarter.
This quarter, LSB Industries experienced a decrease in earnings per share, which was $0.25 in Q2 and is now $-0.1. Origin Mat has reported Q3 earnings per share at $0.22, which has increased by 540.0% compared to Q2, which was -0.05. Ramaco Resources saw an increase in earnings per share from 0.17 in Q2 to $0.45 now. Its most recent dividend yield is at 3.12%, which has decreased by 1.92% from 5.04% in the previous quarter.
Albemarle's earnings per share for Q3 sits at $2.74, whereas in Q2, they were at 7.33. The company's most recent dividend yield sits at 1.15%, which has increased by 0.48% from 0.67% last quarter. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

Ramaco Resources, Inc. - Class B Common Stock

METCB

5 Value Stocks To Watch In The Basic Materials Sector

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the basic materials sector:</h2>
<ol>
<li>Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) - P/E: 6.36</li>
<li>Boise Cascade (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCC#NYSE">BCC</a>) - P/E: 9.07</li>
<li>Celanese (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) - P/E: 7.08</li>
<li>Loma Negra Cia Industria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOMA#NYSE">LOMA</a>) - P/E: 8.19</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 2.6</li>
</ol>
Warrior Met Coal has reported Q3 earnings per share at $1.85, which has increased by 13.5% compared to Q2, which was 1.63. The company's most recent dividend yield sits at 0.6%, which has decreased by 0.06% from 0.66% last quarter. 
This quarter, Boise Cascade experienced a decrease in earnings per share, which was $3.67 in Q2 and is now $3.58. Most recently, Celanese reported earnings per share at $2.5, whereas in Q2 earnings per share sat at $2.17. Its most recent dividend yield is at 2.29%, which has increased by 0.03% from 2.26% in the previous quarter.
Loma Negra Cia Industria's earnings per share for Q3 sits at $0.26, whereas in Q2, they were at 0.09. Origin Mat has reported Q3 earnings per share at $0.22, which has increased by 540.0% compared to Q2, which was -0.05. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

LOMA

Origin Materials Announces ~30% workforce Reduction; Anticipates It Will Incur ~$2.7M In Restructuring Charges

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching:</h2>
<ol>
<li>Mosaic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>) - P/E: 9.31</li>
<li>Loma Negra Cia Industria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOMA#NYSE">LOMA</a>) - P/E: 7.3</li>
<li>Gerdau (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GGB#NYSE">GGB</a>) - P/E: 5.49</li>
<li>ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) - P/E: 7.2</li>
<li>Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) - P/E: 2.91</li>
</ol>
Mosaic's earnings per share for Q3 sits at $0.68, whereas in Q2, they were at 1.04. The company's most recent dividend yield sits at 2.15%, which has increased by 0.06% from 2.09% last quarter. 
Loma Negra Cia Industria saw an increase in earnings per share from 0.09 in Q2 to $0.26 now. This quarter, Gerdau experienced an increase in earnings per share, which was $0.35 in Q1 and is now $0.38. Its most recent dividend yield is at 8.19%, which has increased by 1.75% from 6.44% in the previous quarter.
ICL Group has reported Q3 earnings per share at $0.11, which has decreased by 15.38% compared to Q2, which was 0.13. The company's most recent dividend yield sits at 4.42%, which has increased by 0.43% from 3.99% last quarter. 
Origin Mat has reported Q3 earnings per share at $0.22, which has increased by 540.0% compared to Q2, which was -0.05. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

WIIM

Origin Materials shares are trading lower after the company reported worse-than-expected Q3 revenue results and issued FY23 revenue guidance below estimates.

Origin Materials Sees FY23 Revenue $25M-$30M Vs $48.53M Est.

Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Origin Mat beat estimated earnings by 269.23%, reporting an EPS of $0.22 versus an estimate of $-0.13.
Revenue was up $7.14 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.07 which was followed by a 66.4% drop in the share price the next day.

To track all earnings releases for Origin Mat <a href="https://www.benzinga.com/quote/ORGN/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Origin Mat: Q3 Earnings Insights

Origin Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $(0.13) by 269.23 percent. This is a 266.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $7.14 million which missed the analyst consensus estimate of $14.99 million by 52.37 percent.

Origin Mat Q3 EPS $0.22 Beats $(0.13) Estimate, Sales $7.14M Miss $14.99M Estimate

<h3>Gainers</h3>
<ul>
<li>Tempest Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tpst#NASDAQ">TPST</a>) shares jumped 1067% to $2.80 after the company released new data demonstrating superiority of TPST-1120 arm across multiple study endpoints in first-line hepatocellular carcinoma study.</li>
<li>Phio Pharmaceuticals Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phio#NASDAQ">PHIO</a>) jumped 59.5% to $2.17. Phio Pharmaceuticals presented new data for targeting of BRD4 with its INTASYL&trade; compound PH-894.</li>
<li>Tupperware Brands Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tup#NYSE">TUP</a>) surged 42.5% to $2.14.</li>
<li>Wheeler Real Estate Investment Trust, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/whlr#NASDAQ">WHLR</a>) gained 41.4% to $1.2586 after falling 7% on Tuesday.</li>
<li>ReTo Eco-Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/reto#NASDAQ">RETO</a>) jumped 37.3% to $0.7461.</li>
<li>Gaucho Group Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vino#NASDAQ">VINO</a>) shares climbed 32.6% to $1.18 after falling over 12% on Tuesday. Gaucho Group announced its journey towards organic cultivation for select sections of its renowned Pinot Noir and Cabernet Sauvignon vineyards.</li>
<li>Clearmind Medicine Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmnd#NASDAQ">CMND</a>) gained 28.5% to $0.1934.</li>
<li>Celularity Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/celu#NASDAQ">CELU</a>) rose 26.2% to $0.25.</li>
<li>Asset Entities Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asst#NASDAQ">ASST</a>) gained 26% to $0.3870. Asset Entities recently announced it received a notice from the Nasdaq saying that it is not in compliance with the minimum bid price requirement.</li>
<li>Mangoceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgrx#NASDAQ">MGRX</a>) shares climbed 25.3% to $0.7440 after gaining 9% on Tuesday.</li>
<li>Sharecare, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shcr#NASDAQ">SHCR</a>) shares surged 22.8% to $1.1494. On Oct. 3, 2023, John Chadwick submitted a preliminary non-binding proposal to the board on behalf of Claritas Capital, related to the proposed acquisition of all of the Sharecare shares not owned by reporting persons for $1.35 to $1.80 per share in cash.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) rose 22.6% to $0.4298.</li>
<li>voxeljet AG (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vjet#NASDAQ">VJET</a>) gained 22.3% to $1.26 after the company announced it was selected for a $14.9 million contract alongside GE Research to develop advanced manufacturing technologies to enable the U.S. energy transition.</li>
<li>VOXX International Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/voxx#NASDAQ">VOXX</a>) shares jumped 22% to $9.51 as the company reported stronger-than-expected sales for its second quarter.</li>
<li>Baudax Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bxrx#NASDAQ">BXRX</a>) gained 21.7% to $0.3188.</li>
<li>Origin Materials, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/orgn#NASDAQ">ORGN</a>) jumped 20.3% to $1.1650. Origin Materials announced commencement of commercial-scale production at Origin 1.</li>
<li>AgileThought, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agil#NASDAQ">AGIL</a>) rose 20% to $0.1775. On Oct. 10, 2023, The Bankruptcy Court entered an order approving AgileThought Parties&#39; and stalking horse buyer&#39;s entry into agreement.</li>
<li>Ontrak, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) gained 18.1% to $0.8380.</li>
<li>Golden Heaven Group Holdings Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gdhg#NASDAQ">GDHG</a>) gained 16% to $9.25.</li>
<li>Atreca, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcel#NASDAQ">BCEL</a>) shares surged 14.3% to $0.24 after falling around 9% on Tuesday.</li>
<li>5E Advanced Materials, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/feam#NASDAQ">FEAM</a>) rose 13.7% to $3.16.</li>
<li>TD Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/glg#NASDAQ">GLG</a>) climbed 13.3% to $0.1307.</li>
<li>Coffee Holding Co., Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jva#NASDAQ">JVA</a>) gained 12.8% to $0.7501.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) shares gained 11.7% to $0.1340, after falling 60% on Tuesday. Athersys said it intends to conduct additional data analysis with independent statisticians because the sample size in the Phase 3 MASTERS-2 is insufficiently powered to achieve the primary endpoint.</li>
<li>Elys Game Technology, Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/elys#NASDAQ">ELYS</a>) climbed 10% to $0.5501. Elys Game Technology disclosed the expansion of its footprint in Washington, D.C. with the addition of a third sportsbook location, Grand Central Sportsbook on H Street.</li>
<li>Novavax, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvax#NASDAQ">NVAX</a>) rose 9.2% to $8.06. Novavax will present study findings during two posters sessions at IDWeek 2023, October 11-15, and three oral presentations at World Vaccine Congress Europe 2023, October 16-19.</li>
<li>AZZ Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azz#NYSE">AZZ</a>) surged 8.9% to $50.00 as the company posted better-than-expected results for its second quarter and reaffirmed FY24 guidance.</li>
<li>Dada Nexus Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dada#NASDAQ">DADA</a>) climbed 7.7% to $4.8150.</li>
<li>American Battery Technology Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abat#NASDAQ">ABAT</a>) gained 7.6% to $7.41.</li>
<li>Exscientia plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/exai#NASDAQ">EXAI</a>) rose 7.5% to $5.01.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Silk Road Medical, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/silk#NASDAQ">SILK</a>) shares fell 52.7% to $6.62 after the company announced preliminary third-quarter revenue results below estimates and issued FY23 revenue guidance below estimates.</li>
<li>Hyliion Holdings Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hyln#NYSE">HYLN</a>) shares fell 49.6% to $0.6001. The company late Tuesday said it is exploring strategic <a href="https://www.benzinga.com/money/best-options-to-buy-this-week/">options</a> for its powertrain business due to the evolving commercial vehicle electrification industry, slow market adoption and the need for continued investment and regulatory compliance.</li>
<li>E2open Parent Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/etwo#NYSE">ETWO</a>) fell 46.4% to $2.3550 as the company posted downbeat results for its second quarter and named Andrew Appel as interim CEO, effective immediately.</li>
<li>SuperCom Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spcb#NASDAQ">SPCB</a>) declined 42.7% to $0.5047 after surging 144% on Tuesday. SuperCom Ltd. is an Israel-based provider of digital identity and cybersecurity products and solutions to governments and private and public organizations throughout the world.</li>
<li>ParaZero Technologies Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/przo#NASDAQ">PRZO</a>) shares fell 31.2% to $1.67 after declining 10% on Tuesday. ParaZero Technologies recently announced an Australian regulator approved first commercial drone flights in populated areas and near people using ParaZero safety systems.</li>
<li>HUB Cyber Security Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hubc#NASDAQ">HUBC</a>) dipped 28.8% to $0.3720.</li>
<li>Hall of Fame Resort &amp; Entertainment Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hofv#NASDAQ">HOFV</a>) fell 27.8% to $3.25 as the company announced pricing of $2.8 million public offering of 750,000 shares of common stock and accompanying warrant at $3.75 per unit.</li>
<li>The Real Good Food Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgf#NASDAQ">RGF</a>) fell 27% to $2.24 after the company reported preliminary third quarter financial results and issued FY23 revenue guidance below estimates. Additionally, the company announced the commencement of a public offering.</li>
<li>Bridgetown Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btwn#NASDAQ">BTWN</a>) declined 27% to $5.76.</li>
<li>Falcon&#39;s Beyond Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fbyd#NASDAQ">FBYD</a>) fell 25.6% to $12.20.</li>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agri#NASDAQ">AGRI</a>) declined 25% to $2.91.</li>
<li>Astra Space, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/astr#NASDAQ">ASTR</a>) fell 22% to $1.02. The company is contemplating divesting a majority share of 51% in its in-space propulsion arm, among other potential sales strategies, according to a report from Bloomberg.</li>
<li>Intrusion Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intz#NASDAQ">INTZ</a>) fell 21.3% to $0.34. The stock traded lower, likely on profit-taking following Tuesday&#39;s surge, after the company was awarded a $5 million multi-year shield agreement with a telecommunications provider.</li>
<li>Outset Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/om#NASDAQ">OM</a>) declined 20.7% to $7.68.</li>
<li>Akero Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akro#NASDAQ">AKRO</a>) fell 19.8% to $14.55. Morgan Stanley maintained Akero Therapeutics with an Overweight and lowered the price target from $70 to $33.</li>
<li>DaVita Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dva#NYSE">DVA</a>) fell 19.5% to $73.28 in reaction to Novo Nordisk&rsquo;s stopping semaglutide kidney outcomes trial FLOW based on early signs of efficacy.</li>
<li>VS MEDIA Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsme#NASDAQ">VSME</a>) fell 19.3% to $1.13.</li>
<li>Fresenius Medical Care AG &amp; Co. KGaA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fms#NYSE">FMS</a>) shares fell 18.5% to $17.08. Shares of dialysis providers and kidney care stocks traded lower after Novo Nordisk stopped its semaglutide kidney outcomes trial early based on early signs of efficacy.</li>
<li>Luxfer Holdings PLC (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lxfr#NYSE">LXFR</a>) fell 14.8% to $11.45 after it reported third-quarter preliminary results.</li>
<li>SMX (Security Matters) Public Limited Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smx#NASDAQ">SMX</a>) fell 13.7% to $2.47. SMX shares jumped 69% on Tuesday after the company announced it secured a majority stake in True Gold Consortium.</li>
<li>Perimeter Solutions, SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/prm#NYSE">PRM</a>) declined 13.3% to $3.3550. UBS downgraded Perimeter Solutions from Buy to Neutral and lowered the price target from $7 to $4.25.</li>
<li>Inspire Medical Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/insp#NYSE">INSP</a>) fell 13% to $161.21.</li>
<li>ChargePoint Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chpt#NYSE">CHPT</a>) declined 13% to $3.9050 after the company announced it raised $232 million to support its path to profitability in 2024.</li>
<li>Mobilicom Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mob#NASDAQ">MOB</a>) shares fell 12.2% to $1.80, after jumping over 44% on Tuesday. The Bank of New York Mellon reported in a filing late Monday that it increased its stake in the company.</li>
<li>TransMedics Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tmdx#NASDAQ">TMDX</a>) fell 11.5% to $46.08.</li>
<li>Victoria&#39;s Secret &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vsco#NYSE">VSCO</a>) fell 10.4% to $14.65.</li>
<li>Baxter International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bax#NYSE">BAX</a>) shares declined 9.1% to $33.92. Baxter International named Joel Grade as executive vice president and chief financial officer.</li>
<li>The Brink&#39;s Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bco#NYSE">BCO</a>) fell 8.6% to $67.11.</li>
<li>Northern Oil and Gas, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nog#NYSE">NOG</a>) fell 4% to $39.22 as the company priced public offering of 6.5 million common shares for gross proceeds of $252.7 million.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/23/10/35190839/top-5-consumer-stocks-that-may-implode-this-quarter"> Top 5 Consumer Stocks That May Implode This Quarter </a>

Why Astra Space Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30.</a>
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>Origin Materials, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/orgn#NASDAQ">ORGN</a>)</h3>
<ul>
<li>The company recently announced the appointment of a new CFO. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/ORGN">52-week low of $0.86 </a>.</li>
<li>RSI Value: 24.63</li>
<li>ORGN Price Action: Shares of Origin Materials gained 8.9% to close at $0.9682 on Tuesday.</li>
</ul>
<h3>O-I Glass, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oi#NYSE">OI</a>)</h3>
<ul>
<li>O-I Glass posted better-than-expected second-quarter results. &ldquo;We are pleased to report strong second quarter performance, which exceeded guidance, as O-I continued to execute well amid more challenging macro conditions,&rdquo; said Andres Lopez, O-I Glass CEO. It <a href="https://www.benzinga.com/quote/OI"> has a 52-week low </a> of $14.04.</li>
<li>RSI Value: 25.32</li>
<li>OI Price Action: Shares of O-I Glass rose 0.1% to close at $15.73 on Tuesday.</li>
</ul>
<h3>Stepan Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/scl#NYSE">SCL</a>)</h3>
<ul>
<li>Stepan posted downbeat quarterly results. &quot;Looking forward, we continue to believe second half of the year volume and margins will incrementally improve versus the first half of 2023, driven by the continued gradual recovery in Rigid Polyol demand, growth in Surfactant volumes associated with new contracted business and sequentially lower raw material costs,&quot; said Scott Behrens, President and Chief Executive Officer. The company&rsquo;s stock has a 52-week <a href="https://www.benzinga.com/quote/SCL"> low of $67.82.</a></li>
<li>RSI Value: 22.26</li>
<li>SCL Price Action: Shares of Stepan gained 0.4% to close at $68.21 on Tuesday.</li>
</ul>
<h3>Perimeter Solutions, SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/prm#NYSE">PRM</a>)</h3>
<ul>
<li>Perlimeter Solutions reported better-than-expected second-quarter financial results. CEO Haitham Khouri commented, &ldquo;Our key end-markets, in both our Fire Safety and Specialty Products businesses, were slow in the second quarter. Both our businesses significantly outperformed their end-markets, however, due primarily to successful implementation of our value-driver initiatives.&rdquo; The company&rsquo;s 52-week low is $3.6750.</li>
<li>RSI Value: 20.48</li>
<li>PRM Price Action: Shares of Perimeter Solutions gained 2.1% to close at $3.87 on Tuesday.</li>
</ul>
<h3>Sensient Technologies Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sxt#NYSE">SXT</a>)</h3>
<ul>
<li>Sensient Technologies is expected to report third quarter results on Oct. 20, 2023. The company <a href="https://www.benzinga.com/quote/SXT"> has a 52-week low </a> of $55.61.</li>
<li>RSI Value: 28.53</li>
<li>SXT Price Action: Shares of Sensient Technologies gained 1% to close at $56.27 on Tuesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/10/35183282/azz-richardson-electronics-and-3-stocks-to-watch-heading-into-wednesday"> AZZ, Richardson Electronics And 3 Stocks To Watch Heading Into Wednesday </a>

The state-of-the-art plant scales up the Company&#39;s core technology platform for converting sustainable wood residues into intermediate chemicals, including CMF, HTC, and oils and extractives. Origin 1 enables, for the first time, the commercial-scale production of Origin&#39;s versatile chemical building-blocks, which can decarbonize and improve the performance of a wide range of end-products, including bio-based apparel and textiles, green tires for the automotive industry, and bio-based and fully recyclable packaging, targeting a ~$1 trillion&nbsp;addressable market.

General

Origin Materials Announces Commencement Of Commercial-Scale Production At Origin 1

Origin Materials, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/orgn#NASDAQ">ORGN</a>) shares dropped on Monday. The company recently announced the appointment of <a href="https://investors.originmaterials.com/news-releases/news-release-details/origin-materials-announces-appointment-matt-plavan-chief">a new CFO</a>.
What To Know: Last Monday, Origin Materials announced the appointment of Matt Plavan as CFO, effective Oct. 30. Plavan will replace interim CFO Pam Haley, who has served in this position since Sept. 1.
According to data from Benzinga Pro, Origin stock experienced above-average trading volume of 5.71 million shares&nbsp;on Monday compared to its&nbsp;average volume of 2.67 million.
The stock also has increased short interest with 7.55% of shares currently sold short.
Related Link: <a href="https://www.benzinga.com/news/23/10/35150690/whats-going-on-with-acurx-pharmaceuticals-stock">What&#39;s Going On With Acurx Pharmaceuticals Stock?</a>
ORGN Price Action: Shares of ORGN were down 20.6% at $0.89 at the time of publication, according to <a href="http://pro.benzinga">Benzinga Pro</a>.
Image by <a href="https://pixabay.com/users/pexels-2286921/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=1838658">Pexels</a> from <a href="https://pixabay.com//?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=1838658">Pixabay</a>

What's Going On With Origin Materials Stock Today?

In a report released today, Eric Stine from Craig-Hallum assigned a Hold rating to Origin Materials (ORGN – Research Report). The company's shares ...

Origin Materials (ORGN) Gets a Hold from Craig-Hallum

Origin Materials GAAP EPS of -$0.07 beats by $0.07, revenue of $13.06M misses by $3.42M

Origin Materials, Inc. (ORGN) Q4 2023 Earnings Call Transcript

The latest update is out from Origin Materials (ORGN). Origin Materials, Inc. has appointed John Hickox, a seasoned professional with 40 years of e...

Origin Materials Announces Key Board and Committee Changes

Origin Materials, Inc. (ORGN) has disclosed a new risk, in the Sales & Marketing category. Origin Materials, Inc. faces considerable credit risk st...

New Sales & Marketing Risk for Origin Materials, Inc. – What's the Latest?

Warning: ORGN is at high risk of performing badly

Analysts have been eager to weigh in on the Materials sector with new ratings on Origin Materials (ORGN – Research Report), B2Gold (BTG – Research ...

Analysts Have Conflicting Sentiments on These Materials Companies: Origin Materials (ORGN), B2Gold (BTG) and Alcoa (AA)

In a report released today, Eric Stine from Craig-Hallum maintained a Hold rating on Origin Materials (ORGN – Research Report). The company's share...

Craig-Hallum Sticks to Its Hold Rating for Origin Materials (ORGN)

Bank of America Securities analyst Steve Byrne maintained a Hold rating on Origin Materials (ORGN – Research Report) today. The company's shares op...

Bank of America Securities Reaffirms Their Hold Rating on Origin Materials (ORGN)

ORGNW

Press Releases

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Origin Materials, Inc. (ORGN)

Legal

DEADLINE ALERT for ORGN, NSSC, AVAV, and SIMO: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Origin Materials, Inc.(ORGN) Investors of a Class Action Lawsuit and Upcoming Deadline

Origin Materials Announces Third Quarter 2023 Earnings Release Date and Conference Call

Origin Materials, Inc. Reports Operating and Financial Results for Third Quarter 2023