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

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

Origin Agritech Stock Up 3.8 %

NASDAQ SEED opened at $1.90 on Wednesday. Origin Agritech has a 1 year low of $1.37 and a 1 year high of $6.38. The business’s fifty day moving average is $2.28 and its two-hundred day moving average is $2.70.

Hedge Funds Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. XTX Topco Ltd acquired a new stake in shares of Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned about 0.17% of Origin Agritech as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.