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

Equities researchers at StockNews.com assumed coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Performance

Shares of NYSE:XIN opened at $3.25 on Tuesday. The firm has a 50 day simple moving average of $3.82 and a 200 day simple moving average of $3.21. Xinyuan Real Estate has a 52 week low of $1.92 and a 52 week high of $7.05.

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.