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Uxin (NASDAQ:UXIN) Shares Up 4.4% - Here's What Happened

Uxin logo with Computer and Technology background
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Shares of Uxin Limited (NASDAQ:UXIN - Get Free Report) traded up 4.4% during 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 1.5 %

The firm has a market capitalization of $740.00 million, a PE ratio of -0.19 and a beta of 1.20. The stock's 50 day moving average price is $4.35 and its two-hundred day moving average price is $4.41.

Hedge Funds Weigh In On Uxin

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

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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