Xunlei Limited [XNET] is 175.09% higher this YTD. Is it still time to buy?

Xunlei Limited [NASDAQ: XNET] loss -8.41% or -0.73 points to close at $7.95 with a heavy trading volume of 2263112 shares. The company report on March 16, 2021 that Xunlei Announces Unaudited Financial Results for the Fourth Quarter and the Fiscal Year Ended December 31, 2020.

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Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology in China, announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2020.

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Fourth Quarter 2020 Financial Highlights:.

It opened the trading session at $8.408, the shares rose to $8.685 and dropped to $7.84, the range by which the price of stock traded the whole day. The daily chart for XNET points out that the company has recorded 133.14% gains over the past six months. However, it is still -211.76% lower than its most recent low trading price.

If we look at the average trading volume of 4.93M shares, XNET reached to a volume of 2263112 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Xunlei Limited [XNET]:

The Average True Range (ATR) for Xunlei Limited is set at 1.23, with the Price to Sales ratio for XNET stock in the period of the last 12 months amounting to 2.72. The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 3.99.

Trading performance analysis for XNET stock

Xunlei Limited [XNET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.31. With this latest performance, XNET shares dropped by -6.58% in over the last four-week period, additionally plugging by 133.14% over the last 6 months – not to mention a rise of 181.91% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XNET stock in for the last two-week period is set at 54.40, with the RSI for the last a single of trading hit 52.70, and the three-weeks RSI is set at 55.37 for Xunlei Limited [XNET]. The present Moving Average for the last 50 days of trading for this stock 6.34, while it was recorded at 8.73 for the last single week of trading, and 4.10 for the last 200 days.

Xunlei Limited [XNET]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Xunlei Limited [XNET] shares currently have an operating margin of -10.08 and a Gross Margin at +50.29. Xunlei Limited’s Net Margin is presently recorded at -7.43.

Return on Total Capital for XNET is now -6.00, given the latest momentum, and Return on Invested Capital for the company is -4.44. Return on Equity for this stock declined to -4.71, with Return on Assets sitting at -3.30. When it comes to the capital structure of this company, Xunlei Limited [XNET] has a Total Debt to Total Equity ratio set at 7.50. Additionally, XNET Total Debt to Total Capital is recorded at 6.98, with Total Debt to Total Assets ending up at 5.27. Long-Term Debt to Equity for the company is recorded at 6.83, with the Long-Term Debt to Total Capital now at 6.35.

Receivables Turnover for the company is 5.52 with a Total Asset Turnover recorded at a value of 0.44.Xunlei Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.90 and a Current Ratio set at 2.90.

Xunlei Limited [XNET]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XNET. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Xunlei Limited go to 19.00%.

An analysis of insider ownership at Xunlei Limited [XNET]

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Positions in Xunlei Limited stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 26 institutional holders increased their position in Xunlei Limited [NASDAQ:XNET] by around 2,391,469 shares. Additionally, 18 investors decreased positions by around 8,217,974 shares, while 2 investors held positions by with 1,430,933 shares. The mentioned changes placed institutional holdings at 9,178,510 shares, according to the latest SEC report filing. XNET stock had 16 new institutional investments in for a total of 1,169,350 shares, while 8 institutional investors sold positions of 6,469,023 shares during the same period.

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