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

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

Xinyuan Real Estate Trading Down 2.6 %

Shares of Xinyuan Real Estate stock opened at $2.65 on Tuesday. Xinyuan Real Estate has a 12 month low of $1.92 and a 12 month high of $6.51. The business’s 50-day moving average price is $2.72 and its 200-day moving average price is $2.75.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Atria Wealth Solutions Inc. acquired a new position in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 478,629 shares of the financial services provider’s stock, valued at approximately $536,000. Atria Wealth Solutions Inc. owned 0.90% of Xinyuan Real Estate as of its most recent SEC filing. 0.04% of the stock is currently owned by institutional investors.

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.