StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN – Free Report) in a research note published on Sunday. The brokerage issued a hold rating on the financial services provider’s stock.
Xinyuan Real Estate Trading Up 2.0 %
Xinyuan Real Estate stock opened at $3.05 on Friday. The company has a 50 day moving average price of $2.91 and a 200-day moving average price of $2.77. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 5.85. Xinyuan Real Estate has a fifty-two week low of $1.92 and a fifty-two week high of $4.26.
Xinyuan Real Estate Company Profile
Xinyuan Real Estate Co, Ltd., together with its subsidiaries, engages in residential real estate development and construction in the People’s Republic of China, the United States, Malaysia, and the United Kingdom. The company develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools, as well as office, mixed-use, and commercial properties.
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