Uxin (NASDAQ:UXIN) Trading Down 7.4% – Time to Sell?

Uxin Limited Sponsored ADR (NASDAQ:UXIN)’s stock price fell 7.4% during trading on Tuesday . The stock traded as low as $3.85 and last traded at $3.7310. 427,260 shares were traded during trading, an increase of 14% from the average session volume of 375,259 shares. The stock had previously closed at $4.03.

Analyst Ratings Changes

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

Uxin Stock Down 11.4%

The stock has a fifty day moving average of $2.99 and a two-hundred day moving average of $3.43. The stock has a market cap of $670.92 million, a price-to-earnings ratio of -17.75 and a beta of 1.47.

Uxin (NASDAQ:UXIN) last released its quarterly earnings data on Thursday, December 18th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $123.51 million during 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.