Uxin Limited Sponsored ADR (NASDAQ:UXIN – Get Free Report)’s stock price traded down 4.9% during trading on Monday . The company traded as low as $1.70 and last traded at $1.73. 165,182 shares traded hands during trading, a decline of 61% from the average daily volume of 426,704 shares. The stock had previously closed at $1.82.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on UXIN shares. Wall Street Zen downgraded Uxin from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Uxin in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Uxin has an average rating of “Hold” and an average target price of $4.50.
Check Out Our Latest Stock Analysis on UXIN
Uxin Stock Down 4.9%
Uxin (NASDAQ:UXIN – Get Free Report) last posted its earnings results on Tuesday, June 16th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $155.72 million for the quarter.
Uxin Company Profile
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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