Uxin (NASDAQ:UXIN) Shares Up 4.7% – Here’s Why

Uxin Limited (NASDAQ:UXIN)’s share price traded up 4.7% during trading on Tuesday . The company traded as high as $4.17 and last traded at $4.10. 2,160 shares were traded during trading, a decline of 97% from the average session volume of 63,883 shares. The stock had previously closed at $3.91.

Uxin Stock Performance

The firm has a 50-day simple moving average of $4.49 and a two-hundred day simple moving average of $4.14. The company has a market capitalization of $758.78 million, a price-to-earnings ratio of -0.20 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 bought a new stake in Uxin Limited (NASDAQ:UXIN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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

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.