Xinyuan Real Estate Co. Ltd. ADR (NYSE: XIN) – Not A Clear Buying Opportunity?

Xinyuan Real Estate Co. Ltd. ADR (XIN) concluded trading on Wednesday at a closing price of $6.23, with 4.42 million shares of worth about $27.53 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 124.10% during that period and on October 02, 2024 the price saw a gain of about 25.60%. Currently the company’s common shares owned by public are about 5.68M shares, out of which, 5.61M shares are available for trading.

Stock saw a price change of 91.10% in past 5 days and over the past one month there was a price change of 122.14%. Year-to-date (YTD), XIN shares are showing a performance of 129.04% which increased to 115.57% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.92 but also hit the highest price of $4.98 during that period. The average intraday trading volume for Xinyuan Real Estate Co. Ltd. ADR shares is 19.79K. The stock is currently trading 98.50% above its 20-day simple moving average (SMA20), while that difference is up 109.03% for SMA50 and it goes to 120.65% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Xinyuan Real Estate Co. Ltd. ADR (NYSE: XIN) currently have 5.68M outstanding shares and institutions hold larger chunk of about 0.04% of that.

The stock has a current market capitalization of $35.39M and its 3Y-monthly beta is at 0.78. It has posted earnings per share of -$57.52 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XIN, volatility over the week remained 19.47% while standing at 10.65% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Rodman & Renshaw on May 28, 2010 offering a Mkt outperform rating for the stock and assigned a target price of $7 to it. Coverage by Roth Capital stated Xinyuan Real Estate Co. Ltd. ADR (XIN) stock as a Buy in their note to investors on November 10, 2009, suggesting a price target of $8 for the stock. On March 30, 2009, Roth Capital Downgrade their recommendations, while on November 26, 2008, Roth Capital Reiterated their ratings for the stock with a price target of $3.50. Stock get a Hold rating from Brean Murray on September 19, 2008.

Most Popular

Related Posts