Origin Agritech (NASDAQ:SEED) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEEDGet Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Price Performance

Shares of SEED opened at $1.90 on Thursday. Origin Agritech has a twelve month low of $1.64 and a twelve month high of $6.38. The firm has a 50 day moving average of $2.06 and a 200 day moving average of $2.38.

Institutional Trading of 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:SEEDFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (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 at the end of the most recent reporting period. 1.70% of the stock is currently owned by institutional investors and hedge funds.

Origin Agritech Company Profile

(Get Free Report)

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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