Analysts at StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN – Get Free Report) in a report released on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.
Xinyuan Real Estate Stock Up 6.6 %
Shares of XIN stock opened at $2.89 on Tuesday. The stock has a fifty day moving average price of $2.93 and a 200 day moving average price of $3.18. Xinyuan Real Estate has a 1 year low of $2.18 and a 1 year high of $7.05.
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