Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) dropped 5.4% on Wednesday . The stock traded as low as $4.40 and last traded at $4.51. Approximately 60,933 shares were traded during trading, a decline of 89% from the average daily volume of 531,647 shares. The stock had previously closed at $4.76.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Uxin to a "hold" rating in a report on Friday, July 18th.
View Our Latest Analysis on UXIN
Uxin Trading Down 4.7%
The firm has a market capitalization of $797.08 million, a P/E ratio of -21.20 and a beta of 1.26. The stock has a 50 day simple moving average of $4.13 and a 200-day simple moving average of $4.27.
Uxin (NASDAQ:UXIN - Get Free Report) last announced its earnings results on Thursday, June 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. Uxin had a negative net margin of 12.86% and a negative return on equity of 498.99%. The business had revenue of $69.48 million for the quarter.
Institutional Investors Weigh In On Uxin
A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd purchased a new stake in shares of Uxin Limited Sponsored ADR (NASDAQ:UXIN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,052 shares of the company's stock, valued at approximately $60,000. Institutional investors own 22.41% of the company's stock.
Uxin Company Profile
(
Get Free Report)
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.
Further Reading
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