Uxin (NASDAQ:UXIN) Shares Down 1.3%

Shares of Uxin Limited (NASDAQ:UXIN) dropped 1.3% on Thursday . The stock traded as low as $1.58 and last traded at $1.58. Approximately 6,955 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 66,863 shares. The stock had previously closed at $1.60.

Uxin Stock Performance

The firm’s 50-day moving average is $1.95 and its two-hundred day moving average is $2.16. The stock has a market cap of $7.43 million, a P/E ratio of -0.10 and a beta of 1.08.

Uxin (NASDAQ:UXIN) last posted its quarterly earnings data on Wednesday, July 31st. The company reported ($0.95) earnings per share for the quarter. Uxin had a negative return on equity of 133.07% and a negative net margin of 47.12%. The company had revenue of $44.20 million during the quarter.

Institutional Trading of Uxin

An institutional investor recently bought a new position in Uxin stock. Allspring Global Investments Holdings LLC bought a new stake in shares of Uxin Limited (NASDAQ:UXIN) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 616,766 shares of the company’s stock, valued at approximately $432,000. Allspring Global Investments Holdings LLC owned about 13.12% of Uxin as of its most recent filing with the SEC. Hedge funds and other institutional investors own 22.41% of the company’s stock.

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.