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

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

Origin Agritech Stock Down 4.3 %

NASDAQ SEED opened at $1.91 on Tuesday. Origin Agritech has a twelve month low of $1.64 and a twelve month high of $6.38. The business has a 50-day moving average price of $2.07 and a 200-day moving average price of $2.45.

Institutional Investors Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd bought a new position in Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 quarter. 1.70% of the stock is currently owned by hedge funds and other institutional investors.

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.