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 report released on Saturday. The brokerage issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Price Performance

XIN opened at $3.00 on Friday. Xinyuan Real Estate has a 1-year low of $2.24 and a 1-year high of $7.05. The business has a 50 day moving average of $2.71 and a 200-day moving average of $3.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Two Sigma Securities LLC bought a new stake in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,390 shares of the financial services provider’s stock, valued at approximately $27,000. Two Sigma Securities LLC owned approximately 0.19% of Xinyuan Real Estate at the end of the most recent quarter. 0.04% of the stock is currently owned by institutional investors.

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.