Uxin (NASDAQ:UXIN) Shares Gap Up – What’s Next?

Shares of Uxin Limited (NASDAQ:UXIN) gapped up prior to trading on Monday . The stock had previously closed at $3.71, but opened at $3.96. Uxin shares last traded at $3.90, with a volume of 27,724 shares traded.

Uxin Trading Up 7.5%

The stock has a market capitalization of $750.06 million, a PE ratio of -0.20 and a beta of 1.31. The firm has a 50-day moving average price of $4.30 and a 200-day moving average price of $4.33.

Uxin (NASDAQ:UXIN) last issued its earnings results on Thursday, June 12th. The company reported ($0.03) EPS for the quarter. The company had revenue of $69.48 million during the quarter. Uxin had a negative return on equity of 248.43% and a negative net margin of 20.57%.

Institutional Investors Weigh In On Uxin

A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd purchased a new stake in shares of Uxin Limited (NASDAQ:UXIN) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 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.

Uxin Company Profile

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.