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Uxin (NASDAQ:UXIN) Shares Gap Down - Here's What Happened

Uxin logo with Computer and Technology background

Uxin Limited (NASDAQ:UXIN - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $4.28, but opened at $4.08. Uxin shares last traded at $4.08, with a volume of 3,661 shares changing hands.

Uxin Stock Performance

The stock has a market capitalization of $724.97 million, a P/E ratio of -0.19 and a beta of 1.37. The stock has a 50 day moving average of $4.74 and a 200 day moving average of $3.10.

Uxin (NASDAQ:UXIN - Get Free Report) last announced its quarterly earnings results on Monday, September 23rd. The company reported ($0.03) EPS for the quarter. The firm had revenue of $55.21 million during the quarter. Uxin had a negative net margin of 20.57% and a negative return on equity of 248.43%.

About Uxin

(Get Free Report)

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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