Xinyuan Real Estate (NYSE:XIN) Stock Passes Above 200-Day Moving Average of $2.74

Xinyuan Real Estate Co., Ltd. (NYSE:XINGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.74 and traded as high as $2.77. Xinyuan Real Estate shares last traded at $2.71, with a volume of 630 shares traded.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on Xinyuan Real Estate

Xinyuan Real Estate Price Performance

The stock has a 50-day moving average of $2.72 and a two-hundred day moving average of $2.74.

Xinyuan Real Estate Company Profile

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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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