StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Up 0.4 %
SEED stock opened at $2.54 on Thursday. The business has a 50 day moving average of $2.76 and a 200-day moving average of $3.40. Origin Agritech has a 12-month low of $1.37 and a 12-month high of $6.38.
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 Origin Agritech Limited (NASDAQ:SEED – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & 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 at the end of the most recent quarter. 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.
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