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

Stock analysts at StockNews.com assumed coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a report released on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Price Performance

XIN opened at $2.63 on Thursday. Xinyuan Real Estate has a one year low of $1.92 and a one year high of $6.51. The company’s 50 day simple moving average is $2.71 and its 200-day simple moving average is $2.73.

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.