Xinyuan Real Estate (NYSE:XIN) Now Covered by StockNews.com

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

Xinyuan Real Estate Price Performance

Shares of NYSE:XIN opened at $2.77 on Monday. The company’s 50-day moving average price is $2.81 and its two-hundred day moving average price is $3.16. Xinyuan Real Estate has a one year low of $2.24 and a one year high of $7.05.

Institutional Investors Weigh In On Xinyuan Real Estate

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Two Sigma Securities LLC bought a new stake in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor 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 filing with the SEC. 0.04% of the stock is currently owned by institutional investors and hedge funds.

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.