Uxin (NASDAQ:UXIN) Shares Gap Down - Time to Sell?

Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $5.10, but opened at $4.91. Uxin shares last traded at $4.95, with a volume of 30,753 shares trading hands.

Uxin Trading Up 3.6%

The firm has a 50-day moving average price of $4.14 and a 200-day moving average price of $4.27. The stock has a market capitalization of $857.23 million, a PE ratio of -22.80 and a beta of 1.26.

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

Institutional Trading of Uxin

A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd acquired a new stake in shares of Uxin Limited Sponsored ADR (NASDAQ:UXIN - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 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.

About Uxin

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.