Uxin (NASDAQ:UXIN) Stock Price Down 7.5% – Should You Sell?

Uxin Limited Sponsored ADR (NASDAQ:UXIN) traded down 7.5% during mid-day trading on Monday . The company traded as low as $3.61 and last traded at $3.5350. 88,037 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 123,641 shares. The stock had previously closed at $3.82.

Wall Street Analyst Weigh In

UXIN has been the subject of several research reports. Deutsche Bank Aktiengesellschaft set a $4.50 price target on shares of Uxin and gave the stock a “buy” rating in a research report on Monday, December 22nd. Wall Street Zen upgraded Uxin from a “sell” rating to a “hold” rating in a report on Saturday, December 20th. Finally, Weiss Ratings began coverage on Uxin in a report on Thursday, October 16th. They issued a “sell (e+)” rating on the stock. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.50.

Uxin Trading Down 11.6%

The firm’s fifty day moving average price is $2.91 and its two-hundred day moving average price is $3.44. The stock has a market capitalization of $634.47 million, a PE ratio of -17.05 and a beta of 1.39.

Uxin (NASDAQ:UXIN) last posted its earnings results 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.