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Uxin (NASDAQ:UXIN) Shares Up 5% - Should You Buy?

Uxin logo with Computer and Technology background

Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) shares rose 5% during trading on Tuesday . The company traded as high as $4.23 and last traded at $4.23. Approximately 10,175 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 44,255 shares. The stock had previously closed at $4.03.

Uxin Stock Performance

The company has a market cap of $736.92 million, a P/E ratio of -19.60 and a beta of 1.31. The business's 50-day moving average price is $4.34 and its 200 day moving average price is $4.31.

Uxin (NASDAQ:UXIN - Get Free Report) last issued 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 during the quarter.

Institutional Trading of Uxin

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

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