Origin Agritech (NASDAQ:SEED – Get Free Report) announced its quarterly earnings data on Thursday. The biotechnology company reported ($0.09) EPS for the quarter, FiscalAI reports. The firm had revenue of $3.57 million for the quarter.
Origin Agritech Stock Down 0.9%
Shares of SEED stock opened at $1.12 on Friday. The company has a 50-day simple moving average of $1.23 and a 200 day simple moving average of $1.24. Origin Agritech has a 52 week low of $0.74 and a 52 week high of $2.49.
Institutional Trading of 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 third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 41,542 shares of the biotechnology company’s stock, valued at approximately $50,000. Legacy Advisors LLC owned 0.58% of Origin Agritech as of its most recent SEC filing. 1.70% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
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Origin Agritech Company Profile
Origin Agritech (NASDAQ:SEED) is an agricultural biotechnology company focused on the research, development, production and sale of hybrid rice seeds. The company’s core business activities center on the application of molecular marker‐assisted selection and genomics to develop high‐yielding, disease‐resistant and stress‐tolerant rice varieties. Its product portfolio includes proprietary cytoplasmic male sterile (CMS) lines, hybrid parent lines and commercial seed varieties tailored to the agronomic needs of rice growers.
Origin Agritech primarily serves the major rice‐producing provinces of China, where it has established breeding stations, seed production bases and a distribution network to supply certified hybrid seeds.
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