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 $4.21, but opened at $4.12. Uxin shares last traded at $4.21, with a volume of 4,573 shares trading hands.

Uxin Stock Up 0.5 %

The firm has a 50 day simple moving average of $4.44 and a 200-day simple moving average of $4.17. The company has a market cap of $786.95 million, a PE ratio of -0.21 and a beta of 1.20.

Hedge Funds Weigh In On Uxin

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC bought a new stake in Uxin Limited (NASDAQ:UXINFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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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