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

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

Xinyuan Real Estate Stock Up 3.5 %

Xinyuan Real Estate stock opened at $2.65 on Friday. Xinyuan Real Estate has a one year low of $1.92 and a one year high of $7.05. The business has a fifty day moving average price of $3.29 and a 200-day moving average price of $3.17.

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.