StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a research note released on Sunday morning. The firm issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Performance
Shares of SEED opened at $2.16 on Friday. Origin Agritech has a one year low of $1.37 and a one year high of $6.38. The stock has a 50-day moving average of $2.51 and a 200-day moving average of $3.03.
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 stake in Origin Agritech Limited (NASDAQ:SEED – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 0.17% of Origin Agritech at the end of the most recent quarter. Institutional investors and hedge funds 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.
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