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

StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a research report sent to investors on Friday. The firm issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Price Performance

Shares of Xinyuan Real Estate stock opened at $2.27 on Friday. Xinyuan Real Estate has a fifty-two week low of $1.92 and a fifty-two week high of $7.05. The business’s fifty day moving average is $3.43 and its two-hundred day moving average is $3.17.

Xinyuan Real Estate Company Profile

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.