Uxin (NASDAQ:UXIN) Sets New 1-Year Low – What’s Next?

Uxin Limited Sponsored ADR (NASDAQ:UXIN)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $2.45 and last traded at $2.46, with a volume of 37521 shares changing hands. The stock had previously closed at $2.54.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Uxin in a report on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $4.50.

Uxin Price Performance

The company has a market cap of $524.22 million, a price-to-earnings ratio of -12.75 and a beta of 0.89. The business’s 50-day simple moving average is $3.10 and its 200-day simple moving average is $3.18.

About Uxin

Uxin Limited is a China-based online and offline used car e-commerce platform that connects vehicle buyers and sellers through an integrated digital marketplace. Headquartered in Beijing, the company operates a network of physical used-car malls alongside its proprietary online platform, enabling customers to browse, inspect and purchase pre-owned vehicles with transparency and convenience.

The company’s core business activities encompass sourcing, quality assurance and distribution of used vehicles.