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Uxin (NASDAQ:UXIN) Shares Down 7.8% - Should You Sell?

Uxin logo with Computer and Technology background

Uxin Limited (NASDAQ:UXIN - Get Free Report) shares fell 7.8% during trading on Thursday . The company traded as low as $4.02 and last traded at $4.02. 83,906 shares traded hands during mid-day trading, an increase of 93% from the average session volume of 43,557 shares. The stock had previously closed at $4.36.

Uxin Stock Performance

The stock has a 50 day moving average price of $4.30 and a 200 day moving average price of $4.33. The company has a market cap of $697.43 million, a P/E ratio of -0.18 and a beta of 1.31.

Uxin (NASDAQ:UXIN - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported ($0.03) EPS for the quarter. Uxin had a negative return on equity of 248.43% and a negative net margin of 20.57%. The business had revenue of $69.48 million for the quarter.

Institutional Investors Weigh In On Uxin

An institutional investor recently bought a new position in Uxin stock. XTX Topco Ltd purchased a new stake in shares of Uxin Limited (NASDAQ:UXIN - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 15,052 shares of the company's stock, valued at approximately $60,000. Institutional investors and hedge funds 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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