Origin Agritech (NASDAQ:SEED) Research Coverage Started at StockNews.com

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

Origin Agritech Stock Performance

Origin Agritech stock opened at $2.09 on Friday. Origin Agritech has a 1 year low of $1.64 and a 1 year high of $6.38. The firm’s 50-day moving average is $2.11 and its 200-day moving average is $2.48.

Institutional Trading of 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) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned about 0.21% of Origin Agritech at the end of the most recent reporting period. 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.