StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a research report released on Wednesday. The firm issued a hold rating on the biotechnology company’s stock.
Origin Agritech Price Performance
SEED opened at $1.91 on Wednesday. Origin Agritech has a 1-year low of $1.64 and a 1-year high of $6.38. The business has a 50 day moving average of $2.05 and a 200-day moving average of $2.40.
Hedge Funds Weigh In On Origin Agritech
An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd bought a new position in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 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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