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PRNewswire (Mon, 21-Oct 7:30 AM ET)
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 December 13, 2024, SEED stock price declined to $2.32 with 18,575 million shares trading.
SEED has a beta of 2.12, meaning it tends to be more sensitive to market movements. SEED has a correlation of 0.07 to the broad based SPY ETF.
SEED has a market cap of $14.68 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, SEED traded as high as $12.25 and as low as $1.37.
SEED has underperformed the market in the last year with a price return of +24.9% while the SPY ETF gained +31.7%. SEED has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.6% and -9.6%, respectively, while the SPY returned +8.4% and +0.9%, respectively.
SEED support price is $2.27 and resistance is $2.63 (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 shares will trade within this expected range on the day.