Uxin (NASDAQ:UXIN) Trading Up 0.5%

Shares of Uxin Limited (NASDAQ:UXIN) traded up 0.5% during mid-day trading on Thursday . The company traded as high as $2.10 and last traded at $2.08. 9,605 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 74,604 shares. The stock had previously closed at $2.07.

Uxin Price Performance

The firm’s 50 day moving average price is $2.32 and its 200 day moving average price is $3.02. The stock has a market capitalization of $9.68 million, a P/E ratio of -0.12 and a beta of 1.08.

Uxin (NASDAQ:UXIN) last released its quarterly earnings results on Thursday, April 25th. The company reported ($2.55) EPS for the quarter. The business had revenue of $57.82 million during the quarter.

Hedge Funds Weigh In On Uxin

An institutional investor recently bought a new position in Uxin stock. Allspring Global Investments Holdings LLC purchased a new stake in shares of Uxin Limited (NASDAQ:UXIN) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 616,766 shares of the company’s stock, valued at approximately $432,000. Allspring Global Investments Holdings LLC owned 13.12% of Uxin at the end of the most recent reporting period. 22.41% of the stock is owned by institutional investors and hedge funds.

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.