Xinyuan Real Estate (NYSE:XIN) Stock Price Crosses Above 200-Day Moving Average of $2.75

Xinyuan Real Estate Co., Ltd. (NYSE:XIN)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.75 and traded as high as $2.76. Xinyuan Real Estate shares last traded at $2.72, with a volume of 4,595 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Xinyuan Real Estate in a report on Tuesday. They issued a “hold” rating for the company.

Xinyuan Real Estate Stock Performance

The firm has a 50 day moving average price of $2.72 and a 200-day moving average price of $2.75.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Atria Wealth Solutions Inc. purchased a new position in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 478,629 shares of the financial services provider’s stock, valued at approximately $536,000. Atria Wealth Solutions Inc. owned about 0.90% of Xinyuan Real Estate as of its most recent SEC filing. Institutional investors own 0.04% of the company’s stock.

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.