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

StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEED) in a report issued on Wednesday. The firm issued a hold rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

Shares of NASDAQ SEED opened at $1.78 on Wednesday. The firm has a fifty day simple moving average of $2.26 and a two-hundred day simple moving average of $2.68. Origin Agritech has a 12 month low of $1.50 and a 12 month high of $6.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd purchased a new position in Origin Agritech Limited (NASDAQ:SEED) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 0.17% of Origin Agritech as of its most recent SEC filing. 1.70% of the stock is currently owned by institutional investors and hedge funds.

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.