Origin Agritech (SEED) Sees Continued Upside

After last week's double in its share price, Origin Agritech Limited (Nasdaq: SEED) continues to see interest today. Shares are up 9%�on heavy volume.

On November 23rd, Origin Agritech announced it has received the Bio-safety Certificate from the Ministry of Agriculture in China as a final approval for commercial approval of the world's first genetically modified phytase corn. This news sent investors flocking into the stock.

Following the surge, research firm Citron Research issued a negative report on the company calling the announcement "old news", but the report has done little so far to slow down the shares.

You May Also Be Interested In

• Origin Agritech opens Southwest R&D center in Guizhou with two entities
• Origin Agritech Establishes R&D Center in Guizhou with Biotech Unit and State-Backed Seed Joint Venture
• Trex Company names Brian J. Taylor as its first chief commercial officer