SEED Stock Summary and Trading Ideas (Origin Agritech Limited - | NASDAQ:SEED)

Origin Agritech Ltd is a Chinese agricultural technology company. In crop seed biotechnologies, the company's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.

Origin Agritech Limited - trades on the NASDAQ stock market under the symbol SEED.

As of May 13, 2024, SEED stock price climbed to $5.58 with 108,101 million shares trading.

SEED has a beta of 1.45, meaning it tends to be more sensitive to market movements. SEED has a correlation of 0.03 to the broad based SPY ETF.

SEED has a market cap of $35.23 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SEED stock traded as high as $14.40 and as low as $1.37.

SEED stock has underperformed the market in the last year with a return of -9.4%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SEED shares. However, SEED has outperformed the market in the last 3 month and 2 week periods, returning +181.8% and +67.1%, while SPY returned +4.3% and +2.5%, respectively. This indicates SEED has been having a stronger performance recently.

SEED support price is $4.44 and resistance is $5.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SEED stock will trade within this expected range on the day.