Origin Agritech (NASDAQ:SEED) Earns Hold Rating from Analysts at StockNews.com

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

Origin Agritech Price Performance

Shares of NASDAQ SEED opened at $2.19 on Wednesday. Origin Agritech has a one year low of $1.52 and a one year high of $6.38. The firm has a fifty day moving average of $2.24 and a 200 day moving average of $2.67.

Institutional Investors Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd purchased a new position in Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 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 reporting period. Institutional investors and hedge funds own 1.70% of the company’s stock.

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.