StockNews.com lowered shares of Origin Agritech (NASDAQ:SEED – Free Report) from a buy rating to a hold rating in a research note issued to investors on Thursday morning.
Origin Agritech Price Performance
Shares of NASDAQ:SEED opened at $2.64 on Thursday. Origin Agritech has a 1-year low of $1.37 and a 1-year high of $6.38. The business has a 50-day moving average price of $4.17 and a two-hundred day moving average price of $3.68.
Hedge Funds Weigh In On Origin Agritech
A hedge fund recently bought a new stake in Origin Agritech stock. Legacy Advisors LLC purchased a new position in Origin Agritech Limited (NASDAQ:SEED – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned about 0.66% of Origin Agritech as of its most recent SEC filing. 1.70% of the stock is owned by institutional investors.
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.
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