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

StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the biotechnology company’s stock.

Origin Agritech Stock Down 6.6 %

Shares of Origin Agritech stock opened at $1.78 on Wednesday. Origin Agritech has a one year low of $1.50 and a one year high of $6.38. The business’s 50 day simple moving average is $2.26 and its two-hundred day simple moving average is $2.68.

Institutional Investors Weigh In On 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:SEED) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 quarter. 1.70% of the stock is owned by institutional investors and hedge funds.

Origin Agritech Company Profile

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.