Overall market sentiment has been down on Xinyuan Real Estate Co., Ltd. (XIN) stock lately. XIN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Xinyuan Real Estate Co., Ltd. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on XIN!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With XIN Stock Today?
Xinyuan Real Estate Co., Ltd. (XIN) stock is trading at $1.07 as of 11:21 AM on Wednesday, Oct 13, a drop of -$0.05, or -4.46% from the previous closing price of $1.12. The stock has traded between $1.01 and $1.12 so far today. Volume today is more active than usual. So far 528,801 shares have traded compared to average volume of 193,492 shares.
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More About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.
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