Origin Agritech Limited (NASDAQ:SEED) traded today at a new 52-week high of $20.00. Approximately 167,000 shares have changed hands today, as compared to an average 30-day volume of 184,000 shares.
Origin Agritech Limited (NASDAQ:SEED) defies analysts with a current price ($18.60) 13.9% above its average consensus price target of $16.02.
Over the past year, Origin Agritech Limited has traded in a range of $2.76 to $20.00 and is now at $18.60, 574% above that low.
Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech”s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China”s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.
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