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

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

Xinyuan Real Estate Trading Up 4.9 %

Shares of XIN opened at $2.79 on Monday. The company’s fifty day moving average is $3.00 and its two-hundred day moving average is $3.17. Xinyuan Real Estate has a fifty-two week low of $1.92 and a fifty-two week 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.