StockNews.com started coverage on shares of Xunlei (NASDAQ:XNET – Free Report) in a research note issued to investors on Monday morning. The brokerage issued a buy rating on the software maker’s stock.
Xunlei Stock Up 17.8 %
XNET stock opened at $2.18 on Monday. Xunlei has a one year low of $1.36 and a one year high of $2.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.68 and a current ratio of 2.70. The firm’s fifty day moving average is $1.63 and its 200 day moving average is $1.65. The firm has a market cap of $140.34 million, a PE ratio of 8.07 and a beta of 1.14.
Xunlei (NASDAQ:XNET – Get Free Report) last posted its earnings results on Tuesday, August 13th. The software maker reported $0.04 EPS for the quarter. The firm had revenue of $79.33 million for the quarter. Xunlei had a return on equity of 4.47% and a net margin of 4.52%.
Institutional Trading of Xunlei
Xunlei Company Profile
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 Green Channel and Fast Bird products.
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