Is it Time to Dump Origin Agritech Ltd. (SEED) Stock After it Is Up 1.87% in a Week?

Tuesday, August 11, 2020 2:28 PM | InvestorsObserver Analysts

Overall market sentiment has been down on Origin Agritech Ltd. (SEED) stock lately. SEED receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With SEED Stock Today?

Origin Agritech Ltd. (SEED) stock is trading at $12.00 as of 2:25 PM on Tuesday, Aug 11, a gain of $1.38, or 13% from the previous closing price of $10.62. The stock has traded between $10.61 and $12.22 so far today. Volume today is 184,119 compared to average volume of 213,668.

To see the top 5 stocks in the Agricultural Inputs industry click here.

More About Origin Agritech Ltd.

Origin Agritech Ltd along with its subsidiaries was an agricultural biotechnology company serving China. It is engaged in crop seed breeding, genetic improvement and the production, processing, distribution of seeds and related technical services. It has two business lines: agri-biotech and product development and production and distribution of hybrid seeds. Segmental revenues are mostly derived from its production and distribution of hybrid seeds segment followed by agri-biotech and product development segment. Also, geographically the Company's revenue is derived from China alone. The company discontinued all its operations.

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