Equities research analysts at StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED – Get Free Report) in a research note issued on Sunday. The firm set a “hold” rating on the biotechnology company’s stock.
Origin Agritech Stock Performance
Shares of SEED opened at $2.10 on Friday. The company’s 50-day moving average price is $2.50 and its 200 day moving average price is $3.01. Origin Agritech has a 12-month low of $1.37 and a 12-month high of $6.38.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd purchased a new position in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 0.17% of Origin Agritech as of its most recent SEC filing. Institutional investors 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.
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