Origin Agritech (NASDAQ:SEED) Now Covered by Analysts at StockNews.com

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

Origin Agritech Trading Down 5.2 %

SEED stock opened at $2.32 on Friday. Origin Agritech has a 52 week low of $1.37 and a 52 week high of $6.38. The company has a fifty day simple moving average of $2.70 and a two-hundred day simple moving average of $3.29.

Institutional Investors Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd bought a new stake in shares of Origin Agritech Limited (NASDAQ:SEED) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned about 0.17% of Origin Agritech as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 1.70% of the company’s stock.

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.