StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a research note published on Sunday morning. The brokerage issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Down 1.4 %
Shares of NASDAQ:SEED opened at $2.16 on Friday. The business’s 50 day moving average is $2.51 and its 200 day moving average is $3.03. Origin Agritech has a 12-month low of $1.37 and a 12-month high of $6.38.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd acquired a new stake in Origin Agritech Limited (NASDAQ:SEED – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 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 SEC. 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.
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