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

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

Origin Agritech Stock Performance

NASDAQ SEED opened at $2.02 on Friday. The business has a fifty day moving average price of $2.11 and a two-hundred day moving average price of $2.49. Origin Agritech has a fifty-two week low of $1.64 and a fifty-two week high of $6.38.

Institutional Investors Weigh In On Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC bought a new position in shares of Origin Agritech Limited (NASDAQ:SEED) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned about 0.21% of Origin Agritech at the end of the most recent reporting period. 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.