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Uxin (NASDAQ:UXIN) Trading Down 3.7% - What's Next?

Uxin logo with Computer and Technology background

Shares of Uxin Limited (NASDAQ:UXIN - Get Free Report) dropped 3.7% on Wednesday . The company traded as low as $4.18 and last traded at $4.16. Approximately 1,116 shares changed hands during trading, a decline of 100% from the average daily volume of 538,632 shares. The stock had previously closed at $4.32.

Uxin Trading Down 10.8 %

The firm has a market capitalization of $656.42 million, a P/E ratio of -0.17 and a beta of 1.29. The company has a 50-day moving average of $4.32 and a 200-day moving average of $4.50.

Hedge Funds 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 - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. 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

(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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