Stock analysts at StockNews.com started coverage on shares of Xunlei (NASDAQ:XNET – Get Free Report) in a research note issued on Saturday. The firm set a “buy” rating on the software maker’s stock.
Xunlei Stock Up 0.6 %
Shares of NASDAQ XNET opened at $1.58 on Friday. The stock has a fifty day moving average price of $1.64 and a 200 day moving average price of $1.63. The company has a current ratio of 2.70, a quick ratio of 2.68 and a debt-to-equity ratio of 0.04. Xunlei has a 12-month low of $1.36 and a 12-month high of $1.98. The company has a market cap of $100.60 million, a P/E ratio of 5.85 and a beta of 1.14.
Xunlei (NASDAQ:XNET – Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The software maker reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $79.33 million for the quarter. Xunlei had a net margin of 4.52% and a return on equity of 4.47%.
Hedge Funds Weigh In On Xunlei
Xunlei Company Profile
Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.
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