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

StockNews.com assumed coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a research note released on Friday. The firm issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Up 2.3 %

XIN stock opened at $2.86 on Friday. Xinyuan Real Estate has a one year low of $2.24 and a one year high of $7.05. The firm has a 50-day moving average of $2.71 and a two-hundred day moving average of $3.15.

Institutional Trading of Xinyuan Real Estate

A hedge fund recently bought a new stake in Xinyuan Real Estate stock. Two Sigma Securities LLC purchased a new stake in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,390 shares of the financial services provider’s stock, valued at approximately $27,000. Two Sigma Securities LLC owned 0.19% of Xinyuan Real Estate at the end of the most recent quarter. Institutional investors own 0.04% of the company’s stock.

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.