Shares of Uxin Ltd (NASDAQ:UXIN) have received an average rating of “Buy” from the six research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $6.94.

A number of research analysts have issued reports on UXIN shares. ValuEngine lowered shares of Intersect ENT from a “buy” rating to a “hold” rating in a research report on Monday, June 3rd. Zacks Investment Research upgraded shares of Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Friday.

Shares of NASDAQ:UXIN traded down $0.02 on Monday, reaching $2.38. 1,160,000 shares of the company’s stock were exchanged, compared to its average volume of 5,205,955. The company’s fifty day moving average price is $2.22. Uxin has a twelve month low of $1.41 and a twelve month high of $9.87. The firm has a market cap of $701.74 million and a P/E ratio of -0.70. The company has a quick ratio of 1.43, a current ratio of 1.44 and a debt-to-equity ratio of 0.30.

Uxin (NASDAQ:UXIN) last announced its earnings results on Monday, June 10th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.59). Uxin had a negative return on equity of 97.42% and a negative net margin of 26.17%. The business had revenue of $1 billion for the quarter. The company’s revenue for the quarter was up 54.6% on a year-over-year basis. Equities analysts predict that Uxin will post -0.24 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of UXIN. FMR LLC bought a new stake in Uxin during the 1st quarter valued at $9,445,000. Greenwoods Asset Management Ltd bought a new stake in Uxin during the 1st quarter valued at $2,752,000. Sawtooth Solutions LLC raised its holdings in Uxin by 75.0% during the 1st quarter. Sawtooth Solutions LLC now owns 28,000 shares of the company’s stock valued at $106,000 after buying an additional 12,000 shares during the last quarter. NumerixS Investment Technologies Inc purchased a new position in Uxin during the 1st quarter valued at $446,000. Finally, Pictet Asset Management Ltd. purchased a new position in Uxin during the 1st quarter valued at $6,206,000. 32.12% of the stock is owned by institutional investors.

Uxin Company Profile

Uxin Limited, through its subsidiaries, operates an used car e-commerce platform in China. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services; and Uxin Auction, an application that helps business buyers to source vehicles through online auctions.

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