Origin Agritech (NASDAQ:SEED) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Origin Agritech (NASDAQ:SEEDFree Report) in a research report released on Sunday morning. The firm issued a sell rating on the biotechnology company’s stock.

Origin Agritech Trading Up 3.4 %

SEED opened at $3.62 on Friday. Origin Agritech has a one year low of $1.37 and a one year high of $7.18. The business’s 50-day simple moving average is $2.46 and its 200-day simple moving average is $2.57.

Institutional Trading of Origin Agritech

Large investors have recently made changes to their positions in the company. UBS Group AG boosted its position in shares of Origin Agritech by 5,760.0% in the 1st quarter. UBS Group AG now owns 5,860 shares of the biotechnology company’s stock valued at $35,000 after purchasing an additional 5,760 shares during the period. Bank of America Corp DE boosted its position in shares of Origin Agritech by 26.3% in the 1st quarter. Bank of America Corp DE now owns 8,063 shares of the biotechnology company’s stock valued at $67,000 after purchasing an additional 1,681 shares during the period. Virtu Financial LLC acquired a new stake in shares of Origin Agritech in the 4th quarter valued at about $79,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Origin Agritech in the 4th quarter valued at about $29,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Origin Agritech in the 2nd quarter valued at about $118,000. 1.03% of the stock is owned by institutional investors and hedge funds.

About Origin Agritech

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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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