Uxin (NASDAQ:UXIN) Shares Up 8.5% – What’s Next?

Shares of Uxin Limited (NASDAQ:UXIN) rose 8.5% during trading on Friday . The company traded as high as $4.97 and last traded at $5.11. Approximately 33,477 shares were traded during trading, a decline of 50% from the average daily volume of 66,391 shares. The stock had previously closed at $4.71.

Uxin Trading Up 6.7 %

The firm has a market capitalization of $943.98 million, a PE ratio of -0.25 and a beta of 1.34. The firm has a 50-day moving average of $4.43 and a two-hundred day moving average of $3.79.

Uxin (NASDAQ:UXIN) last released its quarterly earnings data on Monday, November 25th. The company reported ($0.04) earnings per share for the quarter. Uxin had a negative net margin of 20.57% and a negative return on equity of 248.43%.

Institutional Investors Weigh In On Uxin

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC purchased a new position in shares of Uxin Limited (NASDAQ:UXIN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,748 shares of the company’s stock, valued at approximately $27,000. Institutional investors own 22.41% of the company’s stock.

Uxin Company Profile

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.