Uxin (NASDAQ:UXIN) Stock Price Up 4.4% – Here’s What Happened

Uxin Limited (NASDAQ:UXINGet Free Report) shot up 4.4% during mid-day trading on Thursday . The stock traded as high as $4.27 and last traded at $4.27. 12,339 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 541,278 shares. The stock had previously closed at $4.09.

Uxin Trading Down 5.0 %

The business has a fifty day moving average of $4.35 and a 200-day moving average of $4.37. The company has a market cap of $751.26 million, a PE ratio of -0.20 and a beta of 1.20.

Institutional Trading of Uxin

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC bought a new position in Uxin Limited (NASDAQ:UXINFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 5,748 shares of the company’s stock, valued at approximately $27,000. 22.41% of the stock is owned by institutional investors.

About Uxin

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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.

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