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

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

Origin Agritech Stock Down 0.5 %

SEED stock opened at $2.19 on Thursday. Origin Agritech has a one year low of $1.52 and a one year high of $6.38. The company has a 50 day moving average price of $2.22 and a two-hundred day moving average price of $2.60.

Institutional Trading of Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new stake in Origin Agritech Limited (NASDAQ:SEED) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 reporting period. 1.70% of the stock is currently owned by institutional investors and hedge funds.

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.