Origin Agritech (NASDAQ:SEED) Stock Passes Above 200-Day Moving Average – What’s Next?

Shares of Origin Agritech Limited (NASDAQ:SEEDGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.21 and traded as high as $1.63. Origin Agritech shares last traded at $1.53, with a volume of 67,087 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Origin Agritech in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Origin Agritech currently has a consensus rating of “Sell”.

Check Out Our Latest Report on SEED

Origin Agritech Stock Down 7.3%

The company has a fifty day moving average price of $1.40 and a 200-day moving average price of $1.21.

About Origin Agritech

(Get Free Report)

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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