Uxin Limited Sponsored ADR (NASDAQ:UXIN – Get Free Report) saw unusually-high trading volume on Monday . Approximately 292,969 shares traded hands during trading, an increase of 186% from the previous session’s volume of 102,546 shares.The stock last traded at $3.96 and had previously closed at $3.62.
Analyst Ratings Changes
UXIN has been the topic of several recent analyst reports. Wall Street Zen raised Uxin from a “sell” rating to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings initiated coverage on shares of Uxin in a research report on Thursday, October 16th. They set a “sell (e+)” rating for the company. Finally, Deutsche Bank Aktiengesellschaft set a $4.50 price objective on shares of Uxin and gave the stock a “buy” rating in a research report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $4.50.
Uxin Stock Performance
Uxin (NASDAQ:UXIN – Get Free Report) last announced its quarterly earnings data on Thursday, December 18th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $123.51 million during the quarter.
About Uxin
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.
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