Xinyuan Real Estate (NYSE:XIN) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Trading Down 0.4 %

Shares of Xinyuan Real Estate stock opened at $3.86 on Friday. Xinyuan Real Estate has a 52 week low of $1.92 and a 52 week high of $7.05. The firm has a fifty day moving average of $3.52 and a two-hundred day moving average of $3.09.

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.