Uxin (NASDAQ:UXIN) Shares Up 4.4% – Should You Buy?

Uxin Limited (NASDAQ:UXIN) rose 4.4% on Thursday . The stock traded as high as $4.27 and last traded at $4.27. Approximately 12,339 shares traded hands during trading, a decline of 98% from the average daily volume of 541,278 shares. The stock had previously closed at $4.09.

Uxin Stock Down 5.0 %

The company has a market capitalization of $751.26 million, a P/E ratio of -0.20 and a beta of 1.20. The company has a 50-day moving average of $4.35 and a two-hundred day moving average of $4.37.

Institutional Trading of Uxin

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC acquired a new position in shares of Uxin Limited (NASDAQ:UXIN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,748 shares of the company’s stock, valued at approximately $27,000. 22.41% of the stock is currently 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.