StockNews.com Begins Coverage on Origin Agritech (NASDAQ:SEED)

Research analysts at StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued on Sunday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Down 1.4 %

NASDAQ SEED opened at $2.16 on Friday. Origin Agritech has a 1 year low of $1.37 and a 1 year high of $6.38. The business’s fifty day moving average is $2.51 and its two-hundred day moving average is $3.04.

Hedge Funds Weigh In On Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd bought a new position in 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 bought 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 0.17% of Origin Agritech as of its most recent SEC filing. 1.70% of the stock is owned by institutional investors.

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.