Uxin (NASDAQ:UXIN) Director Purchases 104,931,794 Shares

Uxin Limited Sponsored ADR (NASDAQ:UXIN – Get Free Report) Director Bin (William) Li acquired 104,931,794 shares of the business’s stock in a transaction on Wednesday, September 23rd. The shares were bought at an average cost of $0.01 per share, with a total value of $1,049,317.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Uxin Stock Performance

Shares of NASDAQ UXIN opened at $1.09 on Thursday. The business has a 50-day simple moving average of $1.24 and a two-hundred day simple moving average of $2.10. Uxin Limited Sponsored ADR has a fifty-two week low of $0.90 and a fifty-two week high of $4.18. The company has a market cap of $235.92 million, a PE ratio of -5.19 and a beta of 0.84.

Uxin (NASDAQ:UXIN – Get Free Report) last posted its earnings results on Thursday, September 24th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $169.44 million during the quarter.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on UXIN. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Uxin in a research report on Wednesday, July 8th. Wall Street Zen cut Uxin from a “hold” rating to a “sell” rating in a report on Saturday, June 20th. One equities 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.com, Uxin presently has an average rating of “Hold” and a consensus price target of $4.50.

Get Our Latest Report on Uxin

About Uxin

(Get Free Report)

Uxin Limited (NASDAQ: UXIN) is a China-based used automobile retailer and e-commerce company. The company operates an online platform that connects consumers with used vehicles and supports the purchase and sale of cars through digital tools and related transaction services.

Uxin’s business activities have included vehicle sourcing, inspection and reconditioning, pricing information, online listings, sales assistance, and vehicle delivery. The company has also offered services designed to support used-car transactions, such as financing and other automotive-related solutions, subject to applicable regulations and market conditions.

Founded in 2015, Uxin initially developed as an online used-car marketplace before expanding toward an integrated retail model.

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