StockNews.com started coverage on shares of Xunlei (NASDAQ:XNET – Free Report) in a report issued on Thursday. The firm issued a buy rating on the software maker’s stock.
Xunlei Stock Down 1.0 %
Shares of Xunlei stock opened at $2.04 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.70 and a quick ratio of 2.68. The company has a 50-day moving average of $1.78 and a 200 day moving average of $1.72. The firm has a market cap of $131.33 million, a price-to-earnings ratio of 7.56 and a beta of 1.15. Xunlei has a 1 year low of $1.36 and a 1 year high of $2.41.
Xunlei (NASDAQ:XNET – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The software maker reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $79.33 million during the quarter. Xunlei had a net margin of 4.52% and a return on equity of 4.47%.
Institutional Trading of 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 Green Channel and Fast Bird products.
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