Origin Agritech (NASDAQ:SEED) Coverage Initiated at StockNews.com

Analysts at StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued to investors on Thursday. The brokerage set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Price Performance

SEED stock opened at $2.18 on Thursday. Origin Agritech has a 52 week low of $1.64 and a 52 week high of $6.38. The firm has a 50-day simple moving average of $2.06 and a 200-day simple moving average of $2.39.

Institutional Trading of Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. Two Sigma Securities LLC acquired a new stake in Origin Agritech Limited (NASDAQ:SEED) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 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. 1.70% of the stock is currently owned by institutional investors.

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.