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

Equities researchers at StockNews.com started coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a report released on Monday. The firm set a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Trading Down 0.7 %

Shares of NYSE:XIN opened at $2.66 on Monday. Xinyuan Real Estate has a 52-week low of $1.92 and a 52-week high of $4.26. The company has a debt-to-equity ratio of 5.85, a current ratio of 0.28 and a quick ratio of 0.28. The business’s 50 day moving average is $2.85 and its 200 day moving average is $2.82.

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.