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

StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued to investors on Thursday morning. The firm issued a hold rating on the biotechnology company’s stock.

Origin Agritech Price Performance

Shares of SEED stock opened at $1.90 on Thursday. Origin Agritech has a 12-month low of $1.64 and a 12-month high of $6.38. The firm has a fifty day moving average of $2.06 and a 200-day moving average of $2.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd bought a new position in Origin Agritech Limited (NASDAQ:SEED) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.17% of Origin Agritech as of its most recent SEC filing. 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.