Origin Agritech Ltd (SEED) Stock Could Soon Reward Patient Investors

Origin Agritech Ltd (NASDAQ: SEED) is 12.38% higher on its value in year-to-date trading and has touched a low of $1.52 and a high of $6.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SEED stock was last observed hovering at around $2.19 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $2.36, the stock is 18.17% and 4.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 7.76% at the moment leaves the stock -27.19% off its SMA200. SEED registered 37.21% gain for a year compared to 6-month loss of -23.62%. The firm has a 50-day simple moving average (SMA 50) of $2.2682 and a 200-day simple moving average (SMA200) of $3.247.

The stock witnessed a 5.59% gain in the last 1 month and extending the period to 3 months gives it a -18.90%, and is 28.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.26% over the week and 11.22% over the month.

Current P/E ratio is 1.75. Profit margin for the company is 48.81%. Distance from 52-week low is 55.26% and -63.01% from its 52-week high.

Origin Agritech Ltd (SEED) Top Institutional Holders

10.0 institutions hold shares in Origin Agritech Ltd (SEED), with institutional investors hold 1.88% of the company’s shares. The shares outstanding are 6.30M, and float is at 4.46M with Short Float at 0.75%. Institutions hold 1.63% of the Float.

The top institutional shareholder in the company is LEGACY ADVISORS, LLC with over 41542.0 shares valued at $0.2 million. The investor’s holdings represent 0.6572% of the SEED Shares outstanding. As of 2024-06-30, the second largest holder is FIRST WILSHIRE SECURITIES MANAGEMENT INC with 19500.0 shares valued at $94000.0 to account for 0.3085 of the shares outstanding. The other top investors are OPPENHEIMER & CO INC which holds 14000.0 shares representing 0.2215% and valued at over $67200.0, while UBS GROUP AG holds 0.1928 of the shares totaling 12188.0 with a market value of $58502.0.