StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a report released on Monday. The brokerage issued a hold rating on the biotechnology company’s stock.
Origin Agritech Stock Up 4.6 %
Shares of NASDAQ:SEED opened at $1.95 on Monday. The company has a 50 day moving average of $2.08 and a 200 day moving average of $2.46. Origin Agritech has a 12 month low of $1.64 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 shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 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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