Origin Agritech (NASDAQ:SEED) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Trading Up 5.9 %

Shares of SEED stock opened at $3.22 on Wednesday. Origin Agritech has a 1 year low of $1.37 and a 1 year high of $6.38. The stock has a fifty day moving average of $2.71 and a two-hundred day moving average of $3.74.

Institutional Trading of Origin Agritech

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