Uxin (NASDAQ:UXIN) Shares Gap Down – Here’s What Happened

Uxin Limited (NASDAQ:UXINGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $4.28, but opened at $4.08. Uxin shares last traded at $4.08, with a volume of 3,661 shares changing hands.

Uxin Trading Down 4.2 %

The company’s 50 day moving average price is $4.78 and its 200 day moving average price is $3.09. The company has a market cap of $770.05 million, a price-to-earnings ratio of -0.20 and a beta of 1.37.

Uxin (NASDAQ:UXINGet Free Report) last announced its earnings results on Monday, September 23rd. The company reported ($0.03) EPS for the quarter. The company had revenue of $55.21 million for the quarter. Uxin had a negative net margin of 20.57% and a negative return on equity of 248.43%.

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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