Origin Agritech (NASDAQ:SEED) Earns Hold Rating from Analysts at StockNews.com

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

Origin Agritech Trading Down 0.5 %

Origin Agritech stock opened at $2.19 on Thursday. The firm has a 50 day moving average price of $2.23 and a 200 day moving average price of $2.60. Origin Agritech has a fifty-two week low of $1.52 and a fifty-two week high of $6.38.

Hedge Funds Weigh In On Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 0.17% of Origin Agritech at the end of the most recent quarter. Hedge funds and other institutional investors own 1.70% of the company’s stock.

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.