Analysts at StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED – Get Free Report) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the biotechnology company’s stock.
Origin Agritech Trading Down 0.5 %
SEED opened at $2.19 on Thursday. Origin Agritech has a one year low of $1.52 and a one year high of $6.38. The business’s fifty day moving average is $2.23 and its two-hundred day moving average is $2.60.
Hedge Funds Weigh In On Origin Agritech
An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new stake in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. Institutional investors 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.
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