Xinyuan Real Estate (NYSE:XIN) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Up 3.5 %

Shares of XIN stock opened at $2.65 on Friday. Xinyuan Real Estate has a fifty-two week low of $1.92 and a fifty-two week high of $7.05. The stock’s 50-day moving average is $3.31 and its two-hundred day moving average is $3.16.

About Xinyuan Real Estate

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.