Xinyuan Real Estate (NYSE:XIN) Coverage Initiated by Analysts at StockNews.com

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

Xinyuan Real Estate Stock Up 4.1 %

Shares of XIN stock opened at $3.29 on Tuesday. Xinyuan Real Estate has a one year low of $1.92 and a one year high of $7.05. The company has a 50 day moving average price of $3.87 and a 200 day moving average price of $3.22.

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.