Uxin (NASDAQ:UXIN) Shares Gap Down – Here’s What Happened

Uxin Limited (NASDAQ:UXIN)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $4.21, but opened at $4.12. Uxin shares last traded at $4.21, with a volume of 4,573 shares traded.

Uxin Price Performance

The firm has a market capitalization of $786.95 million, a P/E ratio of -0.21 and a beta of 1.20. The firm has a 50-day moving average price of $4.44 and a two-hundred day moving average price of $4.17.

Institutional Trading of Uxin

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