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

Stock analysts at StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued on Sunday. The brokerage set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Down 1.0 %

Shares of SEED opened at $2.02 on Friday. Origin Agritech has a 12 month low of $1.64 and a 12 month high of $6.38. The firm’s 50 day moving average is $2.11 and its 200-day moving average is $2.49.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC bought a new position in shares of Origin Agritech Limited (NASDAQ:SEED) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned 0.21% of Origin Agritech at the end of the most recent quarter. 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.