Uxin (NASDAQ:UXIN) Shares Down 6.2% - Here's Why

Key Points

• Uxin Limited's shares decreased by 6.2%, trading as low as $3.78, amid a notable increase in volume compared to the average daily trading.
• Recently, Wall Street Zen upgraded Uxin's stock rating to "hold" following its latest earnings report showing a loss of ($0.03) per share and revenue of $69.48 million.
• Institutional investment in Uxin is growing, with XTX Topco Ltd acquiring a new stake worth approximately $60,000 in the first quarter.

Shares of Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) were down 6.2% on Thursday . The stock traded as low as $3.78 and last traded at $3.79. Approximately 67,901 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 61,388 shares. The stock had previously closed at $4.04.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Uxin to a "hold" rating in a research note on Friday, July 18th.

Uxin Stock Performance

The company has a market cap of $693.68 million, a price-to-earnings ratio of -18.45 and a beta of 1.32. The stock's fifty day moving average is $3.99 and its two-hundred day moving average is $4.19.

Uxin (NASDAQ:UXIN - Get Free Report) last announced its quarterly earnings results on Thursday, June 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. Uxin had a negative return on equity of 498.99% and a negative net margin of 12.86%.The company had revenue of $69.48 million for the quarter. Uxin has set its Q2 2025 guidance at EPS.

Hedge Funds Weigh In On Uxin

An institutional investor recently bought a new position in Uxin stock. XTX Topco Ltd bought a new stake in Uxin Limited Sponsored ADR (NASDAQ:UXIN - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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

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.