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

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

Origin Agritech Trading Up 10.7 %

Shares of SEED stock opened at $2.18 on Thursday. Origin Agritech has a twelve month low of $1.64 and a twelve month high of $6.38. The stock has a 50 day moving average of $2.06 and a 200 day moving average of $2.39.

Institutional Investors Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd purchased a new position in Origin Agritech Limited (NASDAQ:SEED) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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. 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.