Origin Agritech Ltd. (NASDAQ: SEED) has experienced a rise in its stock price by 26.72 compared to its previous closing price of 3.42. However, the company has seen a gain of 33.39% in its stock price over the last five trading days. InvestorPlace reported 2022-11-17 that Although it’s not a topic that everyone loves to hear, the concept of stocks to sell is a necessary one. Fundamentally, with fears of a global recession rising, investors need to start preparing for the worst.
Is It Worth Investing in Origin Agritech Ltd. (NASDAQ: SEED) Right Now?
The price-to-earnings ratio for Origin Agritech Ltd. (NASDAQ: SEED) is above average at 3.35x. The 36-month beta value for SEED is also noteworthy at 1.33. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SEED is 4.49M, and at present, short sellers hold a 0.91% of that float. The average trading volume of SEED on May 09, 2024 was 322.75K shares.
SEED’s Market Performance
The stock of Origin Agritech Ltd. (SEED) has seen a 33.39% increase in the past week, with a 27.27% rise in the past month, and a 133.33% gain in the past quarter. The volatility ratio for the week is 9.52%, and the volatility levels for the past 30 days are at 8.13% for SEED. The simple moving average for the past 20 days is 31.04% for SEED’s stock, with a 51.18% simple moving average for the past 200 days.
Analysts’ Opinion of SEED
Rodman & Renshaw, on the other hand, stated in their research note that they expect to see SEED reach a price target of $15. The rating they have provided for SEED stocks is “Mkt Outperform” according to the report published on November 23rd, 2009.
SEED Trading at 31.60% from the 50-Day Moving Average
After a stumble in the market that brought SEED to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.23% of loss for the given period.
Volatility was left at 8.13%, however, over the last 30 days, the volatility rate increased by 9.52%, as shares surge +26.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.22% upper at present.
During the last 5 trading sessions, SEED rose by +33.39%, which changed the moving average for the period of 200-days by +11.28% in comparison to the 20-day moving average, which settled at $3.36. In addition, Origin Agritech Ltd. saw 92.89% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SEED
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.19 for the gross margin
The net margin for Origin Agritech Ltd. stands at 0.58. The total capital return value is set at 0.02.
The debt to equity ratio resting at -0.0. The interest coverage ratio of the stock is -12.78.
Currently, EBITDA for the company is 71.54 million with net debt to EBITDA at 8.26. When we switch over and look at the enterprise to sales, we see a ratio of 13.19. The receivables turnover for the company is 0.43for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
In summary, Origin Agritech Ltd. (SEED) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
