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Uxin (NASDAQ:UXIN) Stock Price Up 6.1% - Still a Buy?

Uxin logo with Computer and Technology background

Uxin Limited (NASDAQ:UXIN - Get Free Report)'s stock price traded up 6.1% on Monday . The stock traded as high as $4.98 and last traded at $4.84. 42,024 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 534,375 shares. The stock had previously closed at $4.56.

Uxin Stock Down 3.7%

The firm has a market cap of $822.63 million, a PE ratio of -0.22 and a beta of 1.37. The company's fifty day moving average price is $4.25 and its two-hundred day moving average price is $4.40.

Uxin (NASDAQ:UXIN - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $81.76 million during the quarter. Uxin had a negative net margin of 20.57% and a negative return on equity of 248.43%.

Institutional Trading of Uxin

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC acquired a new stake in Uxin Limited (NASDAQ:UXIN - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,748 shares of the company's stock, valued at approximately $27,000. 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.

Further Reading

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