StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a research note released on Monday. The firm issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Performance
NASDAQ:SEED opened at $2.69 on Monday. The stock’s 50 day moving average price is $2.91 and its 200 day moving average price is $3.75. Origin Agritech has a 52-week low of $1.37 and a 52-week high of $6.38.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Origin Agritech stock. Legacy Advisors LLC acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned 0.66% of Origin Agritech at the end of the most recent quarter. 1.70% of the stock is owned by 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.
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