Uxin (NASDAQ:UXIN) Shares Gap Down – Time to Sell?

Uxin Limited (NASDAQ:UXINGet Free Report) shares gapped down before the market opened 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 trading hands.

Uxin Stock Down 4.2 %

The business’s 50 day moving average is $4.78 and its two-hundred day moving average is $3.09. The firm has a market capitalization of $770.05 million, a P/E ratio of -0.20 and a beta of 1.37.

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

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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