Honey At Origin Agritech Limited (SEED) Is Worth Your Money – Stocks Register
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Honey At Origin Agritech Limited (SEED) Is Worth Your Money

Origin Agritech Limited (NASDAQ:SEED) price on Friday, October 08, rose 11.20% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $10.03.

A look at the stock’s price movement, the close in the last trading session was $9.02, moving within a range at $9.00 and $11.70. The beta value (5-Year monthly) was 0.91. Turning to its 52-week performance, $28.28 and $7.09 were the 52-week high and 52-week low respectively. Overall, SEED moved 18.00% over the past month.


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Origin Agritech Limited’s market cap currently stands at around $53.26 million, with investors looking forward to this quarter’s earnings report slated for Jul 16, 2019.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that SEED is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.

1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend SEED as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

SEED’s current price about 22.60% and 8.93% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.75, while 7-day volatility ratio is 12.04% and 9.59% in the 30-day chart. Further, Origin Agritech Limited (SEED) has a beta value of 0.89, and an average true range (ATR) of 0.82. Analysts have given the company’s stock an average 52-week price target of $140.00, forecast between a low of $140.00 and high of $140.00. Looking at the price targets, the low is -1295.81% off current price level while to achieve the yearly target high, price needs to move -1295.81%. Nonetheless, investors will most likely welcome a -1295.81% jump to $140.00 which is the analysts’ median price.

In the market, a comparison of Origin Agritech Limited (SEED) and its peers suggest the former has performed considerably stronger. Data shows SEED’s intraday price has changed 11.20% in last session and -5.38% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.19% and -0.03% respectively in the last trading.

If we refocus on Origin Agritech Limited (NASDAQ:SEED), historical trading data shows that trading volumes averaged 58560.0 over the past 10 days and 602.96K over the past 3 months. The company’s latest data on shares outstanding shows there are 5.57 million shares.

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The 38.70% of Origin Agritech Limited’s shares are in the hands of company insiders while institutional holders own 4.80% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.15 million on May 27, 2021, giving us a short ratio of 2.13. The data shows that as of May 27, 2021 short interest in Origin Agritech Limited (SEED) stood at 2.56% of shares outstanding, with shares short falling to 0.19 million registered in Apr 29, 2021. Current price change has pushed the stock -33.97% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SEED stock continues to rise going into the next quarter.

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