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

StockNews.com started coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a report issued on Sunday morning. The firm issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Up 1.4 %

Shares of NYSE:XIN opened at $2.80 on Friday. Xinyuan Real Estate has a 52-week low of $1.92 and a 52-week high of $4.26. The firm has a fifty day moving average of $2.87 and a 200 day moving average of $2.82. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 5.85.

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.