Xinyuan Real Estate (NYSE:XIN) Earns Hold Rating from Analysts at StockNews.com

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

Xinyuan Real Estate Stock Up 4.2 %

XIN stock opened at $3.75 on Thursday. The company has a fifty day moving average price of $3.34 and a two-hundred day moving average price of $3.02. Xinyuan Real Estate has a one year low of $1.92 and a one year 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.