Xinyuan Real Estate Co., Ltd. (XIN) Hit Yearly Low at $4.54

June 29, 2018 - By Norman Soto

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Corporate Logo

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) broke into 1-year low touching $4.54. Our price target is $4.40. Barchart.com reported the 1-year low on Jun, 29. Xinyuan Real Estate Co., Ltd. (NYSE:XIN) has $294.99 million MC. At our $4.40 price target, the company worth will be $8.85M less.

Ticker’s shares touched $4.54 during the last trading session after 4.25% change.Xinyuan Real Estate Co., Ltd. has 263,420 shares volume, 16.60% up from normal. XIN is uptrending and has moved 7.71% since June 29, 2017. XIN underperformed by 4.86% the S&P 500.

Another two news for Xinyuan Real Estate Co., Ltd. (NYSE:XIN) were recently brought out by: Streetinsider.com on June 29, 2018 with title “Xinyuan Real Estate (XIN) Names Xuefeng Li as Interim CFO; Helen Zhang Resigns”. The other Seekingalpha.com‘s article was titled “Very Little Can Be Gleaned From Xinyuan’s Latest Financial Reports” and brought out on June 04, 2018.

Xinyuan Real Estate Co., Ltd., together with its subsidiaries, develops residential real estate properties for middle income clients in the PeopleÂ’s Republic of China and the United States.The company has $294.99 million market cap. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, including retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties.The P/E ratio is 6.68. The firm also acquires development sites through public auctions of government land, direct negotiations, and entity acquisitions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.