Uxin Limited Sponsored ADR (NASDAQ:UXIN – Get Free Report) shares were down 8.3% on Thursday . The company traded as low as $2.60 and last traded at $2.7590. Approximately 88,627 shares changed hands during trading, a decline of 20% from the average daily volume of 111,159 shares. The stock had previously closed at $3.01.
Wall Street Analysts Forecast Growth
UXIN has been the subject of several recent research reports. Weiss Ratings initiated coverage on shares of Uxin in a research report on Thursday, October 16th. They set a “sell (e+)” rating for the company. Wall Street Zen downgraded Uxin from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
Check Out Our Latest Research Report on UXIN
Uxin Price Performance
Uxin (NASDAQ:UXIN – Get Free Report) last issued its quarterly earnings data on Monday, September 29th. The company reported ($0.05) EPS for the quarter. The company had revenue of $91.88 million during the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd purchased a new position in shares of Uxin Limited Sponsored ADR (NASDAQ:UXIN – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,052 shares of the company’s stock, valued at approximately $60,000. Hedge funds and other institutional investors own 22.41% of the company’s stock.
About Uxin
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.
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