Xinyuan Real Estate (NYSE:XIN) Coverage Initiated by Analysts at StockNews.com

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

Xinyuan Real Estate Price Performance

Shares of XIN opened at $3.69 on Monday. Xinyuan Real Estate has a 1 year low of $1.92 and a 1 year high of $7.05. The stock has a 50 day simple moving average of $3.75 and a 200-day simple moving average of $3.18.

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.