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

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

Origin Agritech Trading Down 0.5 %

NASDAQ:SEED opened at $2.19 on Thursday. The business’s 50-day moving average is $2.22 and its 200 day moving average is $2.58. Origin Agritech has a 12 month low of $1.52 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 purchased a new stake in shares of Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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 SEC filing. 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.