Uxin (NASDAQ:UXIN) Shares Gap Down – Time to Sell?

Uxin Limited (NASDAQ:UXIN) gapped down prior to trading on Wednesday . The stock had previously closed at $4.70, but opened at $4.49. Uxin shares last traded at $4.81, with a volume of 16,825 shares traded.

Uxin Price Performance

The firm has a market capitalization of $911.87 million, a price-to-earnings ratio of -0.24 and a beta of 1.34. The firm’s fifty day moving average is $4.42 and its 200 day moving average is $3.78.

Uxin (NASDAQ:UXIN) last posted its quarterly earnings results on Monday, November 25th. The company reported ($0.04) earnings per share for the quarter. Uxin had a negative return on equity of 248.43% and a negative net margin of 20.57%.

Institutional Trading of Uxin

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC bought a new position in Uxin Limited (NASDAQ:UXIN) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,748 shares of the company’s stock, valued at approximately $27,000. 22.41% of the stock is currently owned by institutional investors.

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.