Long XinYi Glass - Short term sentiment bottomingSlightly risky play hence small position should suffice.
HSI + Futures are seem to have found bottom here, good position for breakout play, nice risk to reward ratio too.
Next report date
Report period
H1 2024
EPS estimate
—
Revenue estimate
—
0.17USD
686.90 MUSD
3.43 BUSD
1.54 B
About XINYI GLASS HLDGS
Sector
Industry
CEO
Ching Sai Tung
Website
Headquarters
Hong Kong
Employees (FY)
14.86 K
Founded
1988
FIGI
BBG000QW5CK6
Xinyi Glass Holdings Ltd. is an investment company, which engages in the manufacture of glass products including float glass, automobile glass, engineering glass, and electronic glass. It operates through the following business segments: Float Glass, Automobile Glass, and Architectural Glass. The company was founded by Yin Yee Lee in November 1988 and is headquartered in Hong Kong.
Xinyi Glass (868.HK) is in a downward trendXinyi Glass (868.HK) is under a downward trend. The stock price cannot up cross the downward trend line. Also, there is a decrease in demand on construction and auto glass demand. The downside direction is with Hang Seng Index.
HKEX:868 Xinyi Glass awaiting break of short-term structure for HKEX:868 Xinyi Glass has formed a flag pattern in the past two weeks. This sits within an uptrending regression channel. It should rebound off $19.26, and then, if it breaks out of the short-term down channel (marked by the two red lines), and hits resistance level 20.64, I expect it to rocket up to
HKEX:868 Short term 20 days. Potential profit 18%HKEX:868 has a strong candle stick pattern appear on the support. 9.8. Now see if it will return to the previous support around 10.5
Buy in at 10.5
Cut loss at 9.76
Target at 12.4
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Frequently Asked Questions
The current price of XYIGF is 1.05 USD — it has decreased by 7.41% in the past 24 hours. Watch Xinyi Glass Holdings Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Xinyi Glass Holdings Ltd. stocks are traded under the ticker XYIGF.
Xinyi Glass Holdings Ltd. is going to release the next earnings report on Jul 29, 2024. Keep track of upcoming events with our Earnings Calendar.
XYIGF stock is 8.00% volatile and has beta coefficient of 1.15. Track Xinyi Glass Holdings Ltd. stock price on the chart and check out the list of the most volatile stocks — is Xinyi Glass Holdings Ltd. there?
Xinyi Glass Holdings Ltd. revenue for the last quarter amounts to 1.55 B USD despite the estimated figure of 2.09 B USD. In the next quarter revenue is expected to reach 1.71 B USD.
Yes, you can track Xinyi Glass Holdings Ltd. financials in yearly and quarterly reports right on TradingView.
XYIGF stock has risen by 1.94% compared to the previous week, the month change is a 2.96% fall, over the last year Xinyi Glass Holdings Ltd. has showed a 41.14% decrease.
XYIGF net income for the last quarter is 411.90 M USD, while the quarter before that showed 274.01 M USD of net income which accounts for 50.33% change. Track more Xinyi Glass Holdings Ltd. financial stats to get the full picture.
Today Xinyi Glass Holdings Ltd. has the market capitalization of 4.79 B, it has increased by 3.17% over the last week.
Xinyi Glass Holdings Ltd. dividend yield was 7.19% in 2023, and payout ratio reached 48.76%. The year before the numbers were 4.26% and 48.97% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, XYIGF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Xinyi Glass Holdings Ltd. stock right from TradingView charts — choose your broker and connect to your account.
XYIGF reached its all-time high on Jul 16, 2021 with the price of 4.37 USD, and its all-time low was 0.28 USD and was reached on Dec 17, 2008. View more price dynamics on XYIGF chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
As of May 4, 2024, the company has 14.86 K employees. See our rating of the largest employees — is Xinyi Glass Holdings Ltd. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Xinyi Glass Holdings Ltd. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Xinyi Glass Holdings Ltd. stock shows the sell signal. See more of Xinyi Glass Holdings Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Xinyi Glass Holdings Ltd. future price: according to them, XYIGF price has a max estimate of 1.71 USD and a min estimate of 0.77 USD. Watch XYIGF chart and read a more detailed Xinyi Glass Holdings Ltd. stock forecast: see what analysts think of Xinyi Glass Holdings Ltd. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Xinyi Glass Holdings Ltd. EBITDA is 838.08 M USD, and current EBITDA margin is 24.43%. See more stats in Xinyi Glass Holdings Ltd. financial statements.