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

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

Origin Agritech Price Performance

Origin Agritech stock opened at $2.02 on Friday. The company’s 50 day simple moving average is $2.11 and its 200 day simple moving average is $2.49. Origin Agritech has a fifty-two week low of $1.64 and a fifty-two week high of $6.38.

Institutional Trading of Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. Two Sigma Securities LLC bought a new stake in Origin Agritech Limited (NASDAQ:SEED) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned 0.21% of Origin Agritech as of its most recent filing with the SEC. 1.70% of the stock is currently owned by hedge funds and other institutional investors.

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.