Xinyuan Real Estate Co Ltd (XIN) Shares are Up 15.13%

Xinyuan Real Estate Co Ltd (XIN) : Traders are bullish on Xinyuan Real Estate Co Ltd (XIN) as it has outperformed the S&P 500 by a wide margin of 17.18% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 15.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 15.13% in the last 1 week, and is up 18.38% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 16.65% and the 50-Day Moving Average is 17.85%. Xinyuan Real Estate Co Ltd (NYSE:XIN): stock turned positive on Friday. Though the stock opened at $5.57, the bulls momentum made the stock top out at $5.98 level for the day. The stock recorded a low of $5.56 and closed the trading day at $5.86, in the green by 9.33%. The total traded volume for the day was 1,373,107. The stock had closed at $5.36 in the previous days trading.


Institutional Investors own 15.5% of Xinyuan Real Estate Co Ltd shares.

Xinyuan Real Estate Co., Ltd. (Xinyuan) is a real estate developer that focuses on residential properties in China. The Company focuses on developing residential projects, which consist of multiple residential buildings. The Companys segments include property developments in Zhengzhou, Henan Province; property developments in Jinan, Shandong Province; property developments in Suzhou, Xuzhou and Kunshan, Jiangsu Province; property developments in Chengdu, Sichuan Province; property developments in Beijing; property developments in Sanya, Hainan Province; property developments in Changsha Hunan province; property developments in Shanghai; property developments in the United States, and other. Its segments are engaged in constructing and developing residential real estate units. The other segment includes investment holdings, property management services, installation of intercom systems, landscaping, engineering and management, real estate sale, purchase and lease activities.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *