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

Analysts at StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED) in a research report issued on Friday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

Shares of Origin Agritech stock opened at $2.32 on Friday. The business has a 50 day moving average of $2.68 and a 200 day moving average of $3.27. Origin Agritech has a 52 week low of $1.37 and a 52 week high of $6.38.

Institutional Trading of Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. Legacy Advisors LLC bought a new position in Origin Agritech Limited (NASDAQ:SEED) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned approximately 0.66% of Origin Agritech as of its most recent filing with the SEC. Institutional investors and hedge funds own 1.70% of the company’s stock.

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.