Origin Agritech (NASDAQ:SEED) Now Covered by StockNews.com

Analysts at StockNews.com assumed coverage on shares of Origin Agritech (NASDAQ:SEED) in a report issued on Tuesday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Down 5.8 %

NASDAQ SEED opened at $1.15 on Tuesday. The stock has a 50-day moving average of $1.70 and a two-hundred day moving average of $2.10. Origin Agritech has a 1-year low of $1.10 and a 1-year high of $6.38.

Institutional Investors Weigh In On Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. Two Sigma Securities LLC acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned 0.21% of Origin Agritech at the end of the most recent quarter. Institutional investors own 1.70% of the company’s stock.

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.