Uxin (NASDAQ:UXIN) Sees Large Volume Increase – Should You Buy?

Uxin Limited (NASDAQ:UXINGet Free Report) saw an uptick in trading volume on Monday . 164,736 shares traded hands during mid-day trading, an increase of 235% from the previous session’s volume of 49,179 shares.The stock last traded at $4.57 and had previously closed at $4.97.

Uxin Stock Down 5.7 %

The company has a 50 day simple moving average of $4.50 and a two-hundred day simple moving average of $3.34. The company has a market capitalization of $841.42 million, a P/E ratio of -0.22 and a beta of 1.34.

About Uxin

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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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