Origin Agritech (NASDAQ:SEED) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED) in a research note issued on Thursday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Stock Performance

Origin Agritech stock opened at $1.20 on Thursday. The company has a 50-day simple moving average of $1.52 and a 200-day simple moving average of $1.98. Origin Agritech has a one year low of $1.10 and a one year high of $6.18.

Hedge Funds Weigh In On 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) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned approximately 0.21% of Origin Agritech as of its most recent SEC filing. 1.70% of the stock is 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.