Uxin (NASDAQ:UXIN) Shares Gap Up – What’s Next?

Uxin Limited (NASDAQ:UXINGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $4.00, but opened at $4.11. Uxin shares last traded at $4.06, with a volume of 591 shares trading hands.

Uxin Price Performance

The company’s 50 day moving average is $4.40 and its 200 day moving average is $4.27. The stock has a market cap of $760.65 million, a price-to-earnings ratio of -0.20 and a beta of 1.20.

Institutional Trading of Uxin

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC bought a new position in shares of Uxin Limited (NASDAQ:UXINFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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

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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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