Investment analysts at StockNews.com initiated coverage on shares of Xunlei (NASDAQ:XNET – Get Free Report) in a research note issued to investors on Sunday. The firm set a “buy” rating on the software maker’s stock.
Xunlei Stock Up 1.3 %
XNET stock opened at $1.57 on Friday. The stock has a market capitalization of $100.75 million, a price-to-earnings ratio of 5.80 and a beta of 1.14. The company has a 50-day moving average of $1.62 and a two-hundred day moving average of $1.64. Xunlei has a 52-week low of $1.36 and a 52-week high of $1.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.70 and a quick ratio of 2.68.
Xunlei (NASDAQ:XNET – Get Free Report) last announced its earnings results on Tuesday, August 13th. The software maker reported $0.04 earnings per share for the quarter. The firm had revenue of $79.33 million during the quarter. Xunlei had a return on equity of 4.47% and a net margin of 4.52%.
Institutional Trading of Xunlei
About Xunlei
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 Green Channel and Fast Bird products.
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