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

Uxin logo with Computer and Technology background

Uxin Limited (NASDAQ:UXIN - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $3.51, but opened at $3.40. Uxin shares last traded at $3.55, with a volume of 1,199 shares.

Uxin Stock Performance

The firm has a market cap of $766.29 million, a price-to-earnings ratio of -0.20 and a beta of 1.29. The business has a fifty day moving average of $4.18 and a two-hundred day moving average of $4.53.

Institutional Investors Weigh In On Uxin

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC acquired a new position in shares of Uxin Limited (NASDAQ:UXIN - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,748 shares of the company's stock, valued at approximately $27,000. 22.41% of the stock is owned by institutional investors.

About Uxin

(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.

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