StockNews.com began coverage on shares of Xunlei (NASDAQ:XNET – Free Report) in a research report report published on Monday morning. The firm issued a buy rating on the software maker’s stock.
Xunlei Trading Down 2.8 %
XNET opened at $2.12 on Monday. The company has a market cap of $136.48 million, a P/E ratio of 7.85 and a beta of 1.14. The company has a current ratio of 2.70, a quick ratio of 2.68 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average is $1.64 and its 200-day moving average is $1.65. Xunlei has a 1-year low of $1.36 and a 1-year high of $2.22.
Xunlei (NASDAQ:XNET – Get Free Report) last issued its earnings results on Tuesday, August 13th. The software maker reported $0.04 earnings per share for the quarter. The firm had revenue of $79.33 million for the quarter. Xunlei had a net margin of 4.52% and a return on equity of 4.47%.
Hedge Funds 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 Green Channel and Fast Bird products.
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