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

Uxin Limited (NASDAQ:UXIN)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $4.09, but opened at $4.00. Uxin shares last traded at $4.07, with a volume of 338 shares.

Uxin Stock Performance

The company has a fifty day moving average price of $4.36 and a two-hundred day moving average price of $4.35. The company has a market cap of $804.79 million, a P/E ratio of -0.21 and a beta of 1.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC acquired a new stake in Uxin Limited (NASDAQ:UXIN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,748 shares of the company’s stock, valued at approximately $27,000. 22.41% of the stock is owned by institutional investors.

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.