Xinyuan Real Estate (NYSE:XIN) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a report published on Thursday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Performance

Shares of Xinyuan Real Estate stock opened at $2.50 on Thursday. The firm has a fifty day moving average of $2.74 and a two-hundred day moving average of $3.14. Xinyuan Real Estate has a one year low of $2.24 and a one year high of $7.05.

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) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 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. Hedge funds and other institutional investors own 0.04% of the company’s stock.

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.