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

StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note published on Friday. The firm issued a hold rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

SEED stock opened at $2.32 on Friday. Origin Agritech has a twelve month low of $1.37 and a twelve month high of $6.38. The business has a 50 day moving average price of $2.68 and a two-hundred day moving average price of $3.26.

Institutional Trading of Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. Legacy Advisors LLC purchased a new stake in Origin Agritech Limited (NASDAQ:SEED) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned 0.66% of Origin Agritech at the end of the most recent reporting period. Institutional investors and hedge funds own 1.70% of the company’s stock.

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.