StockNews.com began coverage on shares of Xinyuan Real Estate (NYSE:XIN – Free Report) in a research note published on Friday morning. The brokerage issued a hold rating on the financial services provider’s stock.
Xinyuan Real Estate Price Performance
Shares of NYSE:XIN opened at $2.78 on Friday. The company has a debt-to-equity ratio of 5.85, a quick ratio of 0.28 and a current ratio of 0.28. The stock’s fifty day simple moving average is $2.85 and its two-hundred day simple moving average is $2.81. Xinyuan Real Estate has a 1-year low of $1.92 and a 1-year high of $4.26.
About Xinyuan Real Estate
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