Uxin (NASDAQ:UXIN) Shares Gap Down – Here’s Why

Uxin Limited (NASDAQ:UXINGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $4.63, but opened at $4.53. Uxin shares last traded at $4.60, with a volume of 6,271 shares.

Uxin Price Performance

The company has a market cap of $880.86 million, a price-to-earnings ratio of -0.23 and a beta of 1.37. The company’s 50-day simple moving average is $4.47 and its 200-day simple moving average is $3.25.

Uxin Company Profile

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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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