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 Sunday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Down 1.3 %

NYSE:XIN opened at $2.77 on Friday. Xinyuan Real Estate has a twelve month low of $2.24 and a twelve month high of $7.05. The stock’s 50 day moving average price is $2.78 and its two-hundred day moving average price is $3.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Two Sigma Securities LLC bought a new position in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,390 shares of the financial services provider’s stock, valued at approximately $27,000. Two Sigma Securities LLC owned 0.19% of Xinyuan Real Estate at the end of the most recent quarter. 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.