Origin Agritech (NASDAQ:SEED) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED) in a research report released on Monday. The brokerage issued a hold rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

Shares of SEED opened at $1.93 on Monday. The company has a 50-day moving average price of $2.39 and a two-hundred day moving average price of $2.88. Origin Agritech has a 12 month low of $1.37 and a 12 month high of $6.38.

Institutional Investors Weigh In On Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.17% of Origin Agritech at the end of the most recent quarter. 1.70% of the stock is currently owned by hedge funds and other institutional investors.

Origin Agritech Company Profile

Origin Agritech Limited, together with its subsidiaries, operates as an agricultural biotechnology in the People’s Republic of China. The company engages in the development and distribution of seed products; and research on genetically enhanced breeding technologies in agricultural crops. Its products include corn, soybean, canola, and rice seeds.