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

Shares of Uxin Limited Sponsored ADR (NASDAQ:UXIN) gapped down before the market opened on Monday . The stock had previously closed at $3.09, but opened at $2.98. Uxin shares last traded at $2.98, with a volume of 9,942 shares.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on UXIN shares. Weiss Ratings assumed coverage on Uxin in a report on Thursday, October 16th. They set a “sell (e+)” rating for the company. Wall Street Zen downgraded shares of Uxin from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Uxin Stock Down 2.0%

The company has a market capitalization of $547.05 million, a P/E ratio of -13.93 and a beta of 1.63. The business’s 50-day moving average price is $3.21 and its 200 day moving average price is $3.81.

Uxin (NASDAQ:UXIN) last announced its quarterly earnings results on Monday, September 29th. The company reported ($0.05) EPS for the quarter. The business had revenue of $91.89 million during the quarter. Uxin has set its Q3 2025 guidance at EPS.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd purchased a new position in Uxin Limited Sponsored ADR (NASDAQ:UXIN) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,052 shares of the company’s stock, valued at approximately $60,000. Institutional investors and hedge funds own 22.41% of the company’s stock.

About Uxin

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.