Xunlei Limited (XNET) stock price yielded a positive 353.54% lead over its 52-week low and communicated declining move of -47.76% over its 52-week high. The stock price volatility prevailed at 22.03% in recent month and negotiated volatility at 16.53% for the week. Xunlei Limited (XNET) is a part of Technology sector and belongs to Application Software industry. Currently the stock RSI value stays around 51.09. The relative strength index (RSI) reflected overbought area when it is above 70 and notifies oversold level when it is below 30. The short ratio of stock is 0.38.
After the taking short look at recent activity of Xunlei Limited (XNET) it is noted that XNET delivered an increase of 17.70% return in current trading session. This augmented return is good signal for investors. XNET is now reaches at $14.10 after 12.11 million shares traded at hands. The average volume is noted at 6.66 million shares while its relative volume is seen at 2.53. Now we move forward to observe the past performance of Xunlei Limited (XNET), a China based stock. The stock is currently showing unhealthy performance of -22.36% throughout last week and witnessed Bullish performance of 29.79% in one month period. The stock price mounted 151.68% in three months and raised 253.39% for the last six months trading period. XNET indicated a yearly jumping performance of 175.40% while year-to-date (YTD) performance printed 210.36% escalated outlook.
The beta factor of Xunlei Limited (XNET) is stands at 1.49. Beta is a number that measures the risk of an individual stock relative to the overall market. The overall market is assigned a beta of 1.0. Stocks that are volatile and move more than the overall market have a beta greater than 1 while stocks with price swings less than the market have a beta less than 1.0. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. They buy or sell in enormous chunks. Whether a stock is in or out of their favor can have a big effect on its price.
Xunlei Limited (XNET) price traded at a gap of -11.75% from an average price of last twenty days and stands at a distance of 35.41% away from it’s an average price of recent fifty days. Take a look at most well known 200-day moving average which averages prices over the past 200 days. The 200-day moving average is the standby for long-term investors. At present time the stock is moving 160.25% away to its 200-day moving average. As per buy-side analysts, moving averages work quite well in strong trending conditions, but often poorly in choppy or ranging conditions. As a result using moving averages can be random at times the market appears to respect SMA support/resistance and trade signals, and other times it shows no deference.
In the profitability analysis, the company has gross profit margin of 42.20% while net profit margin was at -29.30%. The stock has 64.79 million shares outstanding and Average True Range for 14 days of 2.98. The company has 4.65 value in price to sale ratio while price to book ratio was recorded as 2.11.