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

StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED) in a report issued on Sunday. The firm issued a hold rating on the biotechnology company’s stock.

Origin Agritech Price Performance

Shares of SEED opened at $2.09 on Friday. The stock’s fifty day moving average is $2.11 and its 200-day moving average is $2.48. Origin Agritech has a one year low of $1.64 and a one year high of $6.38.

Hedge Funds Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC purchased a new stake in Origin Agritech Limited (NASDAQ:SEED) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned approximately 0.21% of Origin Agritech as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 1.70% of the company’s stock.

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.