Origin Agritech Ltd. (SEED) concluded trading on Wednesday at a closing price of $3.78, with 16.56 million shares of worth about $62.58 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.93% during that period and on Wednesday the price saw a gain of about 64.34%. Currently the company’s common shares owned by public are about 5.99M shares, out of which, 4.48M shares are available for trading.
However, the stock later moved at a day high price of 4.5758, or with a gain of 64.34%. Stock saw a price change of 71.82% in past 5 days and over the past one month there was a price change of 148.68%. Year-to-date (YTD), SEED shares are showing a performance of 68.00% which decreased to -60.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.37 but also hit the highest price of $9.37 during that period. The average intraday trading volume for Origin Agritech Ltd. shares is 36.64K. The stock is currently trading 98.94% above its 20-day simple moving average (SMA20), while that difference is up 93.95% for SMA50 and it goes to 14.08% higher than SMA200.
Origin Agritech Ltd. (NASDAQ: SEED) currently have 5.99M outstanding shares and institutions hold larger chunk of about 1.70% of that.
The stock has a current market capitalization of $23.93M and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 2.92, while it has posted earnings per share of $1.29 in the same period. It has Quick Ratio of 0.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SEED, volatility over the week remained 24.12% while standing at 14.08% over the month.
Analysts are in expectations that Origin Agritech Ltd. (SEED) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same.
Coverage by Rodman & Renshaw stated Origin Agritech Ltd. (SEED) stock as a Mkt outperform in their note to investors on November 23, 2009, suggesting a price target of $15 for the stock.
