Uxin (NASDAQ:UXIN) Sees Large Volume Increase – Time to Buy?

Uxin Limited Sponsored ADR (NASDAQ:UXIN) saw an uptick in trading volume on Thursday . 98,227 shares traded hands during trading, a decline of 12% from the previous session’s volume of 112,245 shares.The stock last traded at $2.93 and had previously closed at $2.83.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UXIN. Wall Street Zen downgraded shares of Uxin from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Weiss Ratings assumed coverage on Uxin in a report on Thursday, October 16th. They issued a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Uxin has an average rating of “Sell”.

Uxin Price Performance

The stock has a market capitalization of $585.78 million, a PE ratio of -14.88 and a beta of 1.39. The stock’s fifty day moving average is $2.84 and its 200-day moving average is $3.47.

Uxin (NASDAQ:UXIN) last posted its earnings results on Thursday, December 18th. The company reported ($0.03) earnings per share (EPS) for the quarter.

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.