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

StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEED) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Trading Down 2.8 %

SEED opened at $2.10 on Friday. The firm’s 50 day moving average is $2.50 and its 200-day moving average is $3.01. Origin Agritech has a 52-week low of $1.37 and a 52-week high of $6.38.

Institutional Trading of 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) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.17% of Origin Agritech as of its most recent SEC filing. Institutional investors 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.