Uxin (NASDAQ:UXIN) Shares Down 7.5% – What’s Next?

Shares of Uxin Limited Sponsored ADR (NASDAQ:UXINGet Free Report) fell 7.5% during trading on Monday . The stock traded as low as $3.61 and last traded at $3.5350. 88,037 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 123,641 shares. The stock had previously closed at $3.82.

Analyst Ratings Changes

UXIN has been the topic of a number of research reports. Wall Street Zen raised shares of Uxin from a “sell” rating to a “hold” rating in a report on Saturday, December 20th. Weiss Ratings assumed coverage on Uxin in a research report on Thursday, October 16th. They set a “sell (e+)” rating for the company. Finally, Deutsche Bank Aktiengesellschaft set a $4.50 price target on Uxin and gave the company a “buy” rating in a research report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $4.50.

Get Our Latest Stock Analysis on UXIN

Uxin Stock Down 11.6%

The business has a fifty day moving average price of $2.91 and a 200-day moving average price of $3.44. The stock has a market capitalization of $634.47 million, a P/E ratio of -17.05 and a beta of 1.39.

Uxin (NASDAQ:UXINGet Free Report) last announced its earnings results on Thursday, December 18th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $123.51 million for the quarter.

About Uxin

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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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