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

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

Xinyuan Real Estate Trading Down 2.0 %

Xinyuan Real Estate stock opened at $2.65 on Tuesday. Xinyuan Real Estate has a 12-month low of $2.24 and a 12-month high of $7.05. The firm’s fifty day moving average is $2.79 and its 200 day moving average is $3.15.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Xinyuan Real Estate stock. Two Sigma Securities LLC bought a new stake in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) during the fourth quarter, according to the company in 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 as of its most recent SEC filing. 0.04% of the stock is currently owned by hedge funds and other institutional investors.

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.