Uxin (NASDAQ:UXIN) Hits New 12-Month Low – Should You Sell?

Shares of Uxin Limited Sponsored ADR (NASDAQ:UXINGet Free Report) hit a new 52-week low on Monday . The stock traded as low as $2.45 and last traded at $2.46, with a volume of 37521 shares trading hands. The stock had previously closed at $2.54.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Uxin in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $4.50.

Check Out Our Latest Stock Report on Uxin

Uxin Stock Down 4.6%

The company has a 50 day moving average of $3.10 and a 200 day moving average of $3.18. The stock has a market capitalization of $524.22 million, a price-to-earnings ratio of -12.75 and a beta of 0.89.

Uxin Company Profile

(Get Free Report)

Uxin Limited is a China-based online and offline used car e-commerce platform that connects vehicle buyers and sellers through an integrated digital marketplace. Headquartered in Beijing, the company operates a network of physical used-car malls alongside its proprietary online platform, enabling customers to browse, inspect and purchase pre-owned vehicles with transparency and convenience.

The company’s core business activities encompass sourcing, quality assurance and distribution of used vehicles.

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