Analysts at StockNews.com initiated coverage on shares of Xunlei (NASDAQ:XNET – Get Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a “buy” rating on the software maker’s stock.
Xunlei Stock Performance
Shares of XNET opened at $1.56 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.54 and a current ratio of 2.56. The stock has a market capitalization of $100.95 million, a P/E ratio of 6.78 and a beta of 1.23. The company’s fifty day moving average is $1.50 and its two-hundred day moving average is $1.53. Xunlei has a 1 year low of $1.28 and a 1 year high of $2.09.
Xunlei (NASDAQ:XNET – Get Free Report) last announced its quarterly earnings data 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 for the quarter. Xunlei had a net margin of 3.90% and a return on equity of 4.48%.
Institutional Investors Weigh In On 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.
Read More
- Five stocks we like better than Xunlei
- What is the Nikkei 225 index?
- Charles Schwab Fortifies its Uptrend on EPS Beat
- How to invest in blue chip stocks
- Lockheed Martin Stock Aims for a Fresh All-Time High
- Investing in Construction Stocks
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for Xunlei Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xunlei and related companies with MarketBeat.com's FREE daily email newsletter.