Uxin (NASDAQ:UXIN) Trading Down 7.1% – What’s Next?

Uxin Limited (NASDAQ:UXIN) fell 7.1% on Wednesday . The stock traded as low as $4.55 and last traded at $4.50. 92,126 shares traded hands during trading, an increase of 28% from the average session volume of 71,728 shares. The stock had previously closed at $4.84.

Uxin Price Performance

The business has a 50-day simple moving average of $4.45 and a 200-day simple moving average of $3.89. The firm has a market capitalization of $860.22 million, a PE ratio of -0.23 and a beta of 1.34.

Uxin (NASDAQ:UXIN) last posted its quarterly earnings data on Monday, November 25th. The company reported ($0.04) earnings per share for the quarter. Uxin had a negative return on equity of 248.43% and a negative net margin of 20.57%.

Institutional Investors Weigh In On Uxin

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC purchased a new position in Uxin Limited (NASDAQ:UXIN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,748 shares of the company’s stock, valued at approximately $27,000. 22.41% of the stock is owned by institutional investors and hedge funds.

Uxin Company Profile

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.