StockNews.com lowered shares of Origin Agritech (NASDAQ:SEED – Free Report) from a buy rating to a hold rating in a report released on Saturday morning.
Origin Agritech Trading Down 4.3 %
SEED opened at $2.22 on Friday. Origin Agritech has a twelve month low of $1.37 and a twelve month high of $6.38. The firm’s fifty day moving average is $3.76 and its two-hundred day moving average is $3.73.
Institutional Investors Weigh In On Origin Agritech
A hedge fund recently bought a new stake in Origin Agritech stock. Legacy Advisors LLC bought a new position in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned approximately 0.66% of Origin Agritech as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.
Recommended Stories
- Five stocks we like better than Origin Agritech
- What to Know About Investing in Penny Stocks
- Columbia Sportswear: A Turnaround Story That’s Gaining Ground
- What is a Bond Market Holiday? How to Invest and Trade
- Lowe’s Stock: Hold Now, Buy it When it Dips
- Why Are These Companies Considered Blue Chips?
- ZIM Shipping Stock Soars as the Industry Shows a Bottoming Trend
Receive News & Ratings for Origin Agritech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Origin Agritech and related companies with MarketBeat.com's FREE daily email newsletter.