Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) shares saw strong trading volume on Wednesday . 227,880 shares were traded during mid-day trading, an increase of 6% from the previous session's volume of 215,265 shares.The stock last traded at $3.04 and had previously closed at $2.99.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a "sell (e+)" rating on shares of Uxin in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft set a $4.50 target price on shares of Uxin and gave the company a "buy" rating in a research note on Monday, December 22nd. Finally, Wall Street Zen upgraded shares of Uxin from a "sell" rating to a "hold" rating in a research note on Saturday, December 20th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $4.50.
View Our Latest Stock Analysis on Uxin
Uxin Price Performance
The company's 50-day simple moving average is $3.38 and its 200-day simple moving average is $3.24. The stock has a market capitalization of $560.57 million, a price-to-earnings ratio of -14.97 and a beta of 1.55.
About Uxin
(
Get Free Report)
Uxin Limited is a China-based online and offline used car e-commerce platform that connects vehicle buyers and sellers through an integrated digital marketplace. Headquartered in Beijing, the company operates a network of physical used-car malls alongside its proprietary online platform, enabling customers to browse, inspect and purchase pre-owned vehicles with transparency and convenience.
The company's core business activities encompass sourcing, quality assurance and distribution of used vehicles.
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