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

Stock analysts at StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Up 1.8 %

NASDAQ SEED opened at $2.03 on Monday. Origin Agritech has a 52 week low of $1.37 and a 52 week high of $6.38. The company has a fifty day moving average of $2.42 and a two-hundred day moving average of $2.90.

Institutional Trading of Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd bought a new stake in shares of Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned about 0.17% of Origin Agritech as of its most recent filing with the Securities & Exchange Commission. 1.70% of the stock is owned by hedge funds and other institutional investors.

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.