Xinyuan Real Estate (NYSE:XIN) will be posting its quarterly earnings results before the market opens on Thursday, May 23rd.
NYSE XIN opened at $4.29 on Wednesday. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 4.59. The company has a market cap of $355.14 million, a PE ratio of 3.01 and a beta of 1.84. Xinyuan Real Estate has a one year low of $3.60 and a one year high of $5.68.
An institutional investor recently raised its position in Xinyuan Real Estate stock. Morgan Stanley grew its position in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) by 68.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 59,180 shares of the financial services provider’s stock after acquiring an additional 24,033 shares during the quarter. Morgan Stanley owned about 0.07% of Xinyuan Real Estate worth $289,000 at the end of the most recent reporting period. Institutional investors own 9.16% of the company’s stock.
Xinyuan Real Estate Co, Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the People's Republic of China and the United States. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties.
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