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

Investment analysts at StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED) in a report released on Saturday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

Shares of Origin Agritech stock opened at $2.13 on Friday. Origin Agritech has a 52-week low of $1.37 and a 52-week high of $6.38. The stock’s 50-day simple moving average is $2.59 and its 200 day simple moving average is $3.16.

Institutional Trading of Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd bought a new position in shares of Origin Agritech Limited (NASDAQ:SEED) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.17% of Origin Agritech at the end of the most recent reporting period. 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.