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

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

Xinyuan Real Estate Stock Performance

Shares of NYSE:XIN opened at $3.85 on Friday. The stock’s fifty day simple moving average is $3.66 and its two-hundred day simple moving average is $3.14. Xinyuan Real Estate has a 1-year low of $1.92 and a 1-year high of $7.05.

Xinyuan Real Estate Company Profile

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.