Uxin (NASDAQ:UXIN) Shares Down 9.5% – Should You Sell?

by · The Markets Daily

Uxin Limited (NASDAQ:UXIN – Get Free Report) shares fell 9.5% during mid-day trading on Wednesday . The company traded as low as $4.28 and last traded at $4.30. 63,446 shares traded hands during trading, a decline of 40% from the average session volume of 105,439 shares. The stock had previously closed at $4.75.

Uxin Stock Down 5.7 %

The firm’s fifty day simple moving average is $4.50 and its 200-day simple moving average is $3.34. The company has a market cap of $841.42 million, a PE ratio of -0.22 and a beta of 1.34.

Uxin Company Profile

(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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