Jack-Up Fundamentals for Potential Growth: Xunlei Limited (XNET)

As it stands, a total of 1 analysts are covering XNET stock, with 1 of them rating it as a Buy while 0 of them rating it as Overweight. 0 analysts meanwhile advised investors to Hold, 0 rated it as Underweight while the 0 rated it as a Sell. A look at the overall ratings means that Xunlei Limited (XNET) stock has an average rating of Buy.

The stock market has a tendency to become sophisticated sometimes, even for seasoned investors and traders. Even when a trader got what he/she had expected, the market sometimes decides to move in the opposite direction. This volatility sometimes leads to some traders doubting and second-guessing their moves. This is why getting to know historical price performance, as well as both long-term and short-term trends, is very important. Over the past one week, XNET price has surged by 3.45%. A look at its price performance over the past three months sees the stock go down by -34.65%, while it has gain 46.02% over the past six months and -4.07% since the start of the year.

Let us now look at some of its likely support and resistance level. Recent research on Xunlei Limited (XNET) has seen its stock trading -44.44% below its three-month high price. A look at the other side also sees stock trading +38.66% above its three-month low. A wider look sees XNET trading -44.44% below its 52-week high and 76.47% above from its 52-week low price.

Shareholders of the company sometimes like to find out how their investments are growing. Xunlei Limited (XNET) has so far given an ROE of -16.50%. When the ROE is low, it means that the company isn’t generating enough profits. The Return on Assets (ROA) ratio meanwhile is an indication of how profitable a company is relative to the total asset it owns. Xunlei Limited (XNET)’s ROA at the moment stands at -12.00%. Any company that is managing its assets better will have a higher return while one that manages assets poorly would result in low returns.

Xunlei Limited (XNET) has a return on investment (ROI) of -19.80%. The higher the ROI percentage, the higher the profit exceeds the costs, thus analysts consider such investments as an overall gain. A negative ROI, however, means that the cost is higher than the profits, a scenario analysts consider as a net loss.

Let us now take a look at Xunlei Limited (XNET)’s trading volatility. Its 7-day volatility is around 7.11%, while it has a monthly volatility of 9.66%. XNET has an ATR (Average True Range) of 0.31 and a beta factor of 1.93. The volatility of a stock is an indication of the stock’s drop or gain in case the wider market drops or surges. A beta score higher than 1 means that a stock is highly volatile while below 1 means that the volatility of a stock is low.

The price of XNET lifted by $0.01 during the normal trading session on Wednesday to trade at $3.30. The Xunlei Limited (XNET) stock has a trading volume of 288655.0 shares, which is low, compared to its average daily volume of 708.63K shares.