Xinyuan Real Estate (XIN, Financial) saw a significant stock price drop of 9.97%, bringing the price to $3.52 per share. The trading volume reached 7,844 shares with a turnover rate of 0.14% and a volatility of 5.88%.
Recently released financial data revealed Xinyuan Real Estate reported a revenue of $805 million and a net profit of $40.28 million, translating to an earnings per share (EPS) of $7.55. However, its gross profit data is not available, and it currently has a low price-to-earnings ratio of 0.49. No institutional ratings are available for this stock, indicating an absence of "buy," "hold," or "sell" recommendations.
The real estate sector, where Xinyuan Real Estate operates, experienced an overall increase of 0.46%. Several related stocks like CBRE Group and Douglas Elliman Inc. showed significant gains. Meanwhile, others such as Safe And Green Development Corporation and La Rosa Holdings Corp. remained active, with high turnover rates. Stocks with notable volatility included Avalon Globocare Corp.
Xinyuan Real Estate is a China-based real estate developer and property management firm focusing on residential projects comprising multi-level apartment buildings. The company also offers auxiliary services, including retail stores, leisure, health facilities, and educational institutions, targeting middle-class consumers seeking convenience and comfort.
