Xinyuan Real Estate Co. Ltd. (NYSE:XIN) Relative Strength Index (RSI) is 60.36, with weekly volatility at 21.44% and ATR at 0.28. The XIN stock’s 52-week price range has touched low of $1.68 and a $4.12 high. Intraday shares traded counted 3.41 million, which was -486.94% lower than its 30-day average trading volume of 581.01K. Its shares traded lower over the last trading session, losing -15.75% on 06/14/21. The shares fell to a low of $3.01 before closing at $3.05. XIN’s previous close was $3.62 while the outstanding shares total 26.79M.
Investors have identified the Real Estate – Development company Xinyuan Real Estate Co. Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $161.92 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Potential earnings growth for Xinyuan Real Estate Co. Ltd. (XIN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/18/2021 quarter of the year, Xinyuan Real Estate Co. Ltd. recorded a total of 655.41 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 24.07% coming in sequential stages and their sales for the 08/18/2021 quarter increasing by 56.61%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 525.18 million trying to sell their products during the last quarter, with the result yielding a gross income of 130.24 million. This allows shareholders to hold on to 26.79M with the recently reported earning now reading 0.46 cents per share. This is a figure that compared to analyst’s prediction for their 08/18/2021.