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

by · The Markets Daily

StockNews.com began coverage on shares of Xinyuan Real Estate (NYSE:XINFree Report) in a report issued on Thursday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Down 0.4 %

NYSE:XIN opened at $2.67 on Thursday. 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 simple moving average is $2.86 and its two-hundred day simple moving average is $2.76. Xinyuan Real Estate has a 52 week low of $1.92 and a 52 week high of $4.26.

Xinyuan Real Estate Company Profile

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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.

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