Uxin (NASDAQ:UXIN) CEO Kun Dai Buys 8,440 Shares of Stock

Uxin Limited Sponsored ADR (NASDAQ:UXIN) CEO Kun Dai acquired 8,440 shares of Uxin stock in a transaction that occurred on Tuesday, September 29th. The stock was acquired at an average cost of $1.26 per share, for a total transaction of $10,634.40. Following the completion of the purchase, the chief executive officer directly owned 8,440 shares of the company’s stock, valued at $10,634.40. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Uxin Stock Performance

Shares of UXIN traded up $0.12 during mid-day trading on Wednesday, reaching $1.34. 370,180 shares of the company were exchanged, compared to its average volume of 304,119. Uxin Limited Sponsored ADR has a 52 week low of $0.90 and a 52 week high of $4.18. The business has a 50 day simple moving average of $1.22 and a two-hundred day simple moving average of $2.04. The stock has a market capitalization of $291.12 million, a PE ratio of -4.80 and a beta of 0.84.

Uxin (NASDAQ:UXIN) last released its earnings results on Thursday, September 24th. The company reported ($0.11) EPS for the quarter. The company had revenue of $169.44 million during the quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UXIN. Weiss Ratings reiterated a “sell (e+)” rating on shares of Uxin in a report on Wednesday, July 8th. Wall Street Zen lowered shares of Uxin from a “hold” rating to a “sell” rating in a research note on Saturday, June 20th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Uxin has a consensus rating of “Hold” and a consensus target price of $4.50.

Uxin Company Profile

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.