Xunlei Ltd ADR (NASDAQ:XNET) shares, rose in value on Wednesday, April 16, with the stock price down by -3.31% to the previous day’s close as strong demand from buyers drove the stock to $3.51.
Actively observing the price movement in the last trading, the stock closed the session at $3.63, falling within a range of $3.38 and $3.575. The value of beta (5-year monthly) was 0.81 whereas the PE ratio was 227.92 over 12-month period. Referring to stock’s 52-week performance, its high was $5.52, and the low was $1.46. On the whole, XNET has fluctuated by -21.65% over the past month.
With the market capitalization of Xunlei Ltd ADR currently standing at about $215.76 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XNET’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of XNET currently trading nearly -14.05% and -9.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.05, while the 7-day volatility ratio is showing 6.55% which for the 30-day chart, stands at 9.43%. Furthermore, Xunlei Ltd ADR (XNET)’s beta value is 0.88, and its average true range (ATR) is 0.39.
A comparison of Xunlei Ltd ADR (XNET) with its peers suggests the former has fared considerably weaker in the market. XNET showed an intraday change of -3.31% in last session, and over the past year, it grew by 135.57%%.
Data on historical trading for Xunlei Ltd ADR (NASDAQ:XNET) indicates that the trading volumes over the past 10 days have averaged 0.73 and over the past 3 months, they’ve averaged 1.43 million. According to company’s latest data on outstanding shares, there are 61.47 million shares outstanding.
Nearly 1.75% of Xunlei Ltd ADR’s shares belong to company insiders and institutional investors own 4.12% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.18 million shares as on 2025-03-31, resulting in a short ratio of 1.05. According to the data, the short interest in Xunlei Ltd ADR (XNET) stood at 459.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.43 million. The stock has risen by 76.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XNET stock heading into the next quarter.
