Origin Agritech (NASDAQ:SEED) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Origin Agritech Limited (NASDAQ:SEEDGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.20 and traded as high as $2.14. Origin Agritech shares last traded at $1.94, with a volume of 1,211,999 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Origin Agritech in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Get Our Latest Report on SEED

Origin Agritech Trading Down 1.0%

The stock’s 50-day simple moving average is $1.20 and its 200-day simple moving average is $1.20.

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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