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

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

Xinyuan Real Estate Stock Up 2.5 %

Shares of XIN stock opened at $2.63 on Wednesday. The business’s 50 day simple moving average is $2.86 and its 200 day simple moving average is $2.77. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 5.85. Xinyuan Real Estate has a one year low of $1.92 and a one year high of $4.26.

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.