Origin Agritech Ltd. (NASDAQ: SEED)’s stock price has plunge by 21.09relation to previous closing price of 2.37. Nevertheless, the company has seen a 22.65% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-23 that BEIJING, Aug. 23, 2024 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), a leading Chinese agricultural technology company, is pleased to announce the appointment of Mr.
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 2.13x, Company’s 36-month beta value is 1.48.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SEED is 4.46M, and currently, short sellers hold a 0.36% ratio of that floaft. The average trading volume of SEED on August 23, 2024 was 32.31K shares.
SEED’s Market Performance
SEED stock saw a decrease of 22.65% in the past week, with a monthly decline of -7.12% and a quarterly a decrease of -45.02%. The volatility ratio for the week is 9.98%, and the volatility levels for the last 30 days are 9.81% for Origin Agritech Ltd. (SEED). The simple moving average for the past 20 days is 10.40% for SEED’s stock, with a -10.10% 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 -21.62% 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 -55.02% of loss for the given period.
Volatility was left at 9.81%, however, over the last 30 days, the volatility rate increased by 9.98%, as shares sank -8.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.89% lower at present.
During the last 5 trading sessions, SEED rose by +20.95%, which changed the moving average for the period of 200-days by +7.84% in comparison to the 20-day moving average, which settled at $2.59. In addition, Origin Agritech Ltd. saw 27.55% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SEED starting from Wang Fei (Faye), who proposed sale 3,000 shares at the price of $2.60 back on Aug 08 ’24. After this action, Wang Fei (Faye) now owns shares of Origin Agritech Ltd., valued at $7,800 using the latest closing price.
Stock Fundamentals for SEED
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.17 for the gross margin
The net margin for Origin Agritech Ltd. stands at 0.49. The total capital return value is set at 0.08.
Based on Origin Agritech Ltd. (SEED), the company’s capital structure generated -0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -60.35. The debt to equity ratio resting at -0.0. The interest coverage ratio of the stock is -26.78.
Currently, EBITDA for the company is 71.54 million with net debt to EBITDA at 2.37. When we switch over and look at the enterprise to sales, we see a ratio of 1.54. The receivables turnover for the company is 15.07for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.42.
Conclusion
In a nutshell, Origin Agritech Ltd. (SEED) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
