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

StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note published on Friday morning. The firm issued a hold rating on the biotechnology company’s stock.

Origin Agritech Price Performance

NASDAQ SEED opened at $2.36 on Friday. The business’s 50 day moving average price is $2.19 and its 200-day moving average price is $2.55. Origin Agritech has a fifty-two week low of $1.64 and a fifty-two week high of $6.38.

Institutional Investors Weigh In On Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new position in Origin Agritech Limited (NASDAQ:SEED) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 at the end of the most recent reporting period. 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.