Equities research analysts at StockNews.com began coverage on shares of Xunlei (NASDAQ:XNET – Get Free Report) in a research note issued on Wednesday. The firm set a “buy” rating on the software maker’s stock.
Xunlei Stock Performance
Shares of NASDAQ:XNET opened at $1.56 on Wednesday. The company has a market cap of $100.95 million, a P/E ratio of 6.78 and a beta of 1.23. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.56 and a quick ratio of 2.54. Xunlei has a 1 year low of $1.28 and a 1 year high of $2.09. The stock’s fifty day moving average price is $1.50 and its 200-day moving average price is $1.52.
Xunlei (NASDAQ:XNET – Get Free Report) last announced its quarterly earnings results on Thursday, March 14th. The software maker reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $77.14 million for the quarter. Xunlei had a return on equity of 4.48% and a net margin of 3.90%.
Institutional Inflows and Outflows
Xunlei Company Profile
Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through various products, such as Green Channel.
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