During the last session, Xunlei Limited (NASDAQ:XNET)’s traded shares were 1,695,468, with the beta value of the company hitting 1.59. At the end of the trading day, the stock’s price was $6.36, reflecting an intraday loss of -4.07% or -$0.27. The 52-week high for the XNET share is $11.22, that puts it down -76.42% from that peak though still a striking +59.91% gain since the share price plummeted to a 52-week low of $2.55. The company’s market capitalization is $425.36 Million, and the average intraday trading volume over the past 10 days was 1.52 Million shares, and the average trade volume was 4.86 Million shares over the past three months.

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Xunlei Limited (XNET) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 0. XNET has a Sell rating from none of the analyst(s) out of 1 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 1 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

Xunlei Limited (NASDAQ:XNET): Trading Information

Xunlei Limited (XNET) registered a -4.07% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 11.05% in intraday trading to $7.15- this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -1.7%, and it has moved by 8.9% in 30 days. Based on these gigs, the overall price performance for the year is 120.07%. The short interest in Xunlei Limited (NASDAQ:XNET) is 1.4 Million shares and it means that shorts have 0.29 day(s) to cover.

The consensus price target of analysts on Wall Street is $12, which implies an increase of 88.68% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $12 respectively. As a result, XNET is trading at a discount of 88.68% off the target high and 88.68% off the low.

Xunlei Limited (XNET) projections and forecasts

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.4%. While earnings are projected to return 73.9% in 2021, the next five years will return 19% per annum.

Xunlei Limited (NASDAQ:XNET)’s Biggest Investors

Xunlei Limited insiders own 0% of total outstanding shares while institutional holders control 14.06%, with the float percentage being 14.06%. Morgan Stanley is the largest shareholder of the company, while 42 institutions own stock in it. As of Dec 30, 2020, the company held over 3.53 Million shares (or 5.28% of all shares), a total value of $10.2 Million in shares.

The next largest institutional holding, with 1.38 Million shares, is of Primavera Capital Management Ltd’s that is approximately 2.06% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $3.99 Million.

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Also, the Mutual Funds coming in first place with the largest holdings of Xunlei Limited (XNET) shares are Direxion Shares ETF Tr-Direxion Moonshot Innovators ETF and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF. Data provided on Feb 27, 2021 indicates that Direxion Shares ETF Tr-Direxion Moonshot Innovators ETF owns about 632,495 shares. This amounts to just over 0.95 percent of the company’s overall shares, with a $4.13 Million market value. The same data shows that the other fund manager holds slightly less at 290.32 Thousand, or about 0.43% of the stock, which is worth about $1.9 Million.

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