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 released on Thursday. The brokerage issued a hold rating on the biotechnology company’s stock.

Origin Agritech Stock Up 0.5 %

Shares of NASDAQ SEED opened at $2.20 on Thursday. The company has a 50 day simple moving average of $2.23 and a two-hundred day simple moving average of $2.60. Origin Agritech has a fifty-two week low of $1.52 and a fifty-two week high of $6.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd purchased a new stake in shares of Origin Agritech Limited (NASDAQ:SEED) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.17% of Origin Agritech at the end of the most recent reporting period. 1.70% of the stock is owned by 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.