Uxin (NASDAQ:UXIN) Sets New 1-Year Low – Should You Sell?

Uxin Limited Sponsored ADR (NASDAQ:UXIN)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $2.45 and last traded at $2.46, with a volume of 37521 shares traded. The stock had previously closed at $2.54.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Uxin in a report on Friday, April 10th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.50.

Uxin Stock Performance

The stock has a market cap of $515.14 million, a P/E ratio of -12.53 and a beta of 0.89. The firm has a 50 day moving average of $3.06 and a two-hundred day moving average of $3.17.

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.