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

Uxin Limited (NASDAQ:UXINGet Free Report)’s stock 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 Down 1.8 %

The stock’s fifty day moving average price is $4.38 and its 200-day moving average price is $4.36. The company has a market capitalization of $754.08 million, a price-to-earnings ratio of -0.20 and a beta of 1.20.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC bought a new position in shares of Uxin Limited (NASDAQ:UXINFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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

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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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