Free Trial

Uxin (NASDAQ:UXIN) Stock Price Down 7.7% - Should You Sell?

Uxin logo with Computer and Technology background

Key Points

  • Uxin Limited's stock price dropped 7.7% during mid-day trading, closing at $3.58, with a significant increase in trading volume of 241,710 shares.
  • Wall Street analysts recently raised Uxin to a "hold" rating, despite the declining stock price.
  • An institutional investor, XTX Topco Ltd, purchased 15,052 shares of Uxin stock, indicating continued interest from hedge funds with 22.41% of the stock owned by institutional investors.
  • Five stocks to consider instead of Uxin.

Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report)'s stock price dropped 7.7% during mid-day trading on Monday . The company traded as low as $3.60 and last traded at $3.58. Approximately 241,710 shares changed hands during mid-day trading, an increase of 177% from the average daily volume of 87,125 shares. The stock had previously closed at $3.88.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on Uxin

Uxin Price Performance

The stock has a 50-day simple moving average of $3.85 and a 200 day simple moving average of $4.04. The company has a market capitalization of $654.19 million, a PE ratio of -17.34 and a beta of 1.55.

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) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,052 shares of the company's stock, valued at approximately $60,000. 22.41% of the stock is currently owned by institutional investors and hedge funds.

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Uxin Right Now?

Before you consider Uxin, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uxin wasn't on the list.

While Uxin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.