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

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

Origin Agritech Trading Down 1.9 %

Shares of SEED stock opened at $2.11 on Friday. The company’s fifty day moving average price is $2.16 and its two-hundred day moving average price is $2.52. Origin Agritech has a 12 month low of $1.64 and a 12 month high of $6.38.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC bought a new stake in shares of Origin Agritech Limited (NASDAQ:SEED) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned about 0.21% of Origin Agritech at the end of the most recent quarter. 1.70% of the stock is owned by institutional investors and hedge funds.

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.