Origin Agritech (NASDAQ:SEED) Coverage Initiated at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED) in a report released on Saturday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

SEED stock opened at $2.13 on Friday. The firm has a 50 day moving average of $2.59 and a 200-day moving average of $3.16. Origin Agritech has a 12 month low of $1.37 and a 12 month high of $6.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new position in Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to the company in its most recent filing 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 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 1.70% of the company’s stock.

About Origin Agritech

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.