StockNews.com started coverage on shares of Origin Agritech (NASDAQ:SEED – Free Report) in a report issued on Thursday. The firm issued a hold rating on the biotechnology company’s stock.
Origin Agritech Trading Up 5.7 %
Shares of Origin Agritech stock opened at $3.18 on Thursday. The company has a 50-day moving average of $2.73 and a 200 day moving average of $3.72. Origin Agritech has a 1 year low of $1.37 and a 1 year high of $6.38.
Institutional Trading of Origin Agritech
A hedge fund recently bought a new stake in Origin Agritech stock. Legacy Advisors LLC purchased a new position in Origin Agritech Limited (NASDAQ:SEED – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned 0.66% of Origin Agritech as of its most recent SEC filing. 1.70% of the stock is owned by institutional investors.
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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