SEED Stock Dips Amidst Agricultural Sector Downturn

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Dec 04, 2024

Agricultural biotech company Origin Agritech (SEED, Financial) experienced a 5.62% drop in stock price, trading at $2.52 per share. The trading volume reached 6,669 shares with a turnover rate of 0.11% and a volatility of 3.64%. The company's recent financial report shows a revenue of $12.77 million, a net profit of $187,970.10, earnings per share of $0.03, a gross profit of $2.46 million, and a P/E ratio of 2.09. Currently, no institutional recommendations are available for SEED stock.

Within the agricultural supplies sector, the overall decline was 1.27%. Notable stocks with significant activity include N2Off, Inc. and CF Industries Holdings. Origin Agritech is known for its biotech seed products, including genetically modified corn with traits like glyphosate tolerance and insect resistance.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.