StockNews.com lowered shares of Origin Agritech (NASDAQ:SEED – Free Report) from a buy rating to a hold rating in a research report released on Thursday.
Origin Agritech Trading Down 2.6 %
Origin Agritech stock opened at $2.64 on Thursday. The stock has a 50-day moving average price of $4.17 and a two-hundred day moving average price of $3.68. Origin Agritech has a 12 month low of $1.37 and a 12 month high of $6.38.
Hedge Funds Weigh In On Origin Agritech
An institutional investor recently bought a new position in Origin Agritech stock. Legacy Advisors LLC acquired a new stake in Origin Agritech Limited (NASDAQ:SEED – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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. 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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