StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a report published on Thursday morning. The firm issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Down 5.9 %
SEED opened at $1.90 on Thursday. The firm’s fifty day moving average price is $2.06 and its 200 day moving average price is $2.38. Origin Agritech has a 12-month low of $1.64 and a 12-month high of $6.38.
Institutional Investors Weigh In On 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 – Free Report) in the 3rd quarter, according to its most recent filing 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 about 0.17% of Origin Agritech at the end of the most recent reporting period. 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.
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