Xinyuan Real Estate (NYSE:XIN) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a research note released on Wednesday. The brokerage issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Performance

XIN opened at $2.63 on Wednesday. The company has a debt-to-equity ratio of 5.85, a current ratio of 0.28 and a quick ratio of 0.28. Xinyuan Real Estate has a 1 year low of $1.92 and a 1 year high of $4.26. The stock has a fifty day moving average price of $2.86 and a 200 day moving average price of $2.77.

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.