Uxin (NASDAQ:UXIN) Shares Down 4.9% – Here’s Why

Uxin Limited Sponsored ADR (NASDAQ:UXINGet Free Report) traded down 4.9% during trading on Monday . The stock traded as low as $1.70 and last traded at $1.73. Approximately 165,182 shares changed hands during trading, a decline of 61% from the average session volume of 426,704 shares. The stock had previously closed at $1.82.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UXIN. Weiss Ratings reissued a “sell (e+)” rating on shares of Uxin in a report on Wednesday, July 8th. Wall Street Zen cut shares of Uxin from a “hold” rating to a “sell” rating in a research note on Saturday, June 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $4.50.

Get Our Latest Stock Report on UXIN

Uxin Stock Down 4.9%

The stock has a market cap of $374.44 million, a P/E ratio of -8.24 and a beta of 0.85. The firm has a 50 day moving average price of $2.11 and a 200 day moving average price of $2.92.

Uxin (NASDAQ:UXINGet Free Report) last announced its quarterly earnings data on Tuesday, June 16th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $155.72 million during the quarter.

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.

Recommended Stories

Receive News & Ratings for Uxin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uxin and related companies with MarketBeat.com's FREE daily email newsletter.