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

StockNews.com initiated coverage on shares of Origin Agritech (NASDAQ:SEED) in a report released on Wednesday. The firm set a “hold” rating on the biotechnology company’s stock.

Origin Agritech Trading Down 14.8 %

Shares of NASDAQ:SEED opened at $3.98 on Wednesday. The business’s fifty day moving average price is $4.99 and its two-hundred day moving average price is $3.51. Origin Agritech has a one year low of $1.37 and a one year high of $6.38.

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.