ValuEngine Lowers Xunlei (NASDAQ:XNET) to Hold
Xunlei (NASDAQ:XNET) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Tuesday, December 24th, ValuEngine reports.
Separately, BidaskClub raised shares of Xunlei from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 29th.
Shares of XNET traded up $0.03 on Tuesday, hitting $5.08. 582,410 shares of the stock traded hands, compared to its average volume of 974,181. Xunlei has a 1 year low of $1.87 and a 1 year high of $7.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.06 and a current ratio of 3.15. The stock’s 50 day moving average is $4.84 and its two-hundred day moving average is $3.51.
Xunlei (NASDAQ:XNET) last issued its quarterly earnings results on Thursday, Nove ...