Uxin (NASDAQ:UXIN) Stock Price Down 14.5% - Time to Sell?

Uxin Limited (NASDAQ:UXIN - Get Free Report) shares fell 14.5% during trading on Monday . The company traded as low as $4.00 and last traded at $3.79. 37,584 shares traded hands during trading, a decline of 45% from the average session volume of 68,043 shares. The stock had previously closed at $4.43.

Uxin Stock Performance

The firm's 50-day simple moving average is $4.50 and its 200 day simple moving average is $4.09. The company has a market cap of $790.71 million, a P/E ratio of -0.21 and a beta of 1.20.

Institutional Investors Weigh In On Uxin

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC acquired a new position in shares of Uxin Limited (NASDAQ:UXIN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,748 shares of the company's stock, valued at approximately $27,000. 22.41% of the stock is owned by institutional investors and hedge funds.

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.