Origin Agritech Ltd. (SEED) stock is down 4.73% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Origin Agritech Ltd. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SEED!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With SEED Stock Today?
Origin Agritech Ltd. (SEED) stock is trading at $7.05 as of 3:56 PM on Friday, May 13, a gain of $0.27, or 3.98% from the previous closing price of $6.78. The stock has traded between $6.79 and $7.45 so far today. Volume today is below average. So far 203,202 shares have traded compared to average volume of 700,258 shares.
More About Origin Agritech Ltd.
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.
Click Here to get the full Stock Report for Origin Agritech Ltd. stock.