StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a report issued on Tuesday. The firm issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Down 3.7 %
NASDAQ SEED opened at $1.12 on Tuesday. Origin Agritech has a 1-year low of $1.10 and a 1-year high of $6.38. The firm’s fifty day simple moving average is $1.65 and its 200-day simple moving average is $2.08.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC bought a new stake in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned approximately 0.21% 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.
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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