Origin Agritech (NASDAQ:SEED) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEEDFree 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:SEEDFree 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

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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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