Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report)'s share price shot up 5.3% during mid-day trading on Friday . The company traded as high as $3.56 and last traded at $3.67. 48,048 shares were traded during trading, a decline of 13% from the average session volume of 55,137 shares. The stock had previously closed at $3.48.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Uxin to a "hold" rating in a research report on Friday, July 18th.
Get Our Latest Stock Report on UXIN
Uxin Trading Up 5.7%
The stock's 50-day moving average is $4.04 and its 200-day moving average is $4.23. The company has a market cap of $725.45 million, a price-to-earnings ratio of -19.18 and a beta of 1.32.
Uxin (NASDAQ:UXIN - Get Free Report) last released its quarterly earnings data on Thursday, June 12th. The company reported ($0.03) earnings per share for the quarter. Uxin had a negative return on equity of 498.99% and a negative net margin of 12.86%. The business had revenue of $69.48 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd acquired a new position in shares of Uxin Limited Sponsored ADR (NASDAQ:UXIN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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
(
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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