Revenue Update on Xinyuan Real Estate Co. Ltd. (ADR)(NYSE:XIN)

Xinyuan Real Estate Co. Ltd. (ADR)(NYSE:XIN) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Feb 14, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.23.

Xinyuan Real Estate Co. Ltd. (ADR) (XIN) shares turned negative on Wednesdays trading session with the shares closing down -0.13 points or -2.52% at a volume of 2,16,342. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $5.16. The peak price level was also seen at $5.16 while the days lowest was $5.02. Finally the shares closed at $5.02. The 52-week high of the shares is $7.06 while the 52-week low is $3.52. According to the latest information available, the market cap of the company is $335 M.

Xinyuan Real Estate Co. Ltd is a real estate developer and property manager primarily in China. In China the Company develops and manages large scale high quality real estate projects in over ten tier one and tier two cities including Beijing Shanghai Zhengzhou Jinan Xi’an Suzhou among others. The Company aims to provide comfortable and convenient real estate related products and services to middle-class consumers.

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