Research analysts at StockNews.com began coverage on shares of Xunlei (NASDAQ:XNET – Get Free Report) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating on the software maker’s stock.
Xunlei Price Performance
NASDAQ XNET opened at $1.47 on Tuesday. The company has a quick ratio of 2.54, a current ratio of 2.56 and a debt-to-equity ratio of 0.05. Xunlei has a 12-month low of $1.28 and a 12-month high of $2.09. The company has a market capitalization of $95.12 million, a PE ratio of 6.39 and a beta of 1.23. The firm’s 50 day moving average is $1.50 and its 200-day moving average is $1.53.
Xunlei (NASDAQ:XNET – Get Free Report) last announced its earnings results on Thursday, March 14th. The software maker reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $77.14 million during the quarter. Xunlei had a net margin of 3.90% and a return on equity of 4.48%.
Institutional Trading of Xunlei
About Xunlei
Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through various products, such as Green Channel.
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