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

Equities research analysts at StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a report issued on Monday. The firm set a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Up 2.3 %

NYSE:XIN opened at $2.84 on Monday. Xinyuan Real Estate has a 1 year low of $2.24 and a 1 year high of $7.05. The stock’s 50 day simple moving average is $2.80 and its two-hundred day simple moving average is $3.16.

Institutional Trading of Xinyuan Real Estate

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 4th quarter, according to the company in its most recent Form 13F 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 about 0.19% of Xinyuan Real Estate as of its most recent filing with the Securities and Exchange Commission. 0.04% of the stock is owned by institutional investors.

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.