StockNews.com has underwritten coverage of the following stocks. Xinyuan Real Estate (NYSE:XIN – Get Free Report) It said this in a note issued to investors on Friday. The firm has placed a “hold” rating on the financial services provider's stock.
Shingen Real Estate stock price performance
XIN stock opened at $2.65 on Friday. Shingen Real Estate's 52-week low is $1.92 and 52-week high is $6.51. His 50 day simple moving average for this company is $2.69 and his 200 day simple moving average is $2.78.
Inflow and outflow of institutions
Hedge funds recently purchased new shares in Shingen Real Estate. Atria Wealth Solutions Inc. purchased new shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN – Free Report) in the first quarter, according to its latest disclosure filed with the Securities and Exchange Commission. The company bought 478,629 shares of the financial services provider's stock, valued at approximately $536,000. Atria Wealth Solutions Inc. owned approximately 0.90% of Xinyuan Real Estate as of his latest SEC filing. 0.90% of the stock is held by institutional investors.
About Shingen Real Estate
(Get Free Report)
Xinyuan Real Estate Co., Ltd., together with its subsidiaries, is engaged in the development and construction of residential real estate in the People's Republic of China, the United States, Malaysia and the United Kingdom. The company develops residential projects such as multi-story condominiums, semi-high-rise condominiums, and high-rise condominiums. Auxiliary services and amenities such as retail stores, leisure facilities, health facilities, kindergartens, schools, offices, mixed-use and commercial facilities.
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