Uxin Ltd (NASDAQ:UXIN)’s share price was up 8.1% during trading on Monday . The stock traded as high as $2.43 and last traded at $2.39. Approximately 3,712,939 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 6,456,082 shares. The stock had previously closed at $2.21.

Several equities analysts have commented on UXIN shares. ValuEngine downgraded shares of Uxin from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research upgraded shares of Uxin from a “sell” rating to a “hold” rating in a research note on Saturday, February 9th. Credit Suisse Group assumed coverage on shares of Uxin in a research note on Tuesday, March 12th. They issued an “outperform” rating and a $7.70 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on shares of Uxin from $7.00 to $8.00 and gave the company an “overweight” rating in a research note on Thursday, March 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $7.50.

The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.20. The company has a market cap of $742.68 million and a P/E ratio of -0.72.

Uxin (NASDAQ:UXIN) last released its quarterly earnings results on Thursday, March 14th. The company reported ($0.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.06). The company had revenue of $165.62 million for the quarter. Equities research analysts forecast that Uxin Ltd will post -0.28 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the stock. FMR LLC acquired a new position in shares of Uxin in the first quarter valued at about $9,445,000. Jane Street Group LLC grew its stake in shares of Uxin by 24.1% in the first quarter. Jane Street Group LLC now owns 32,267 shares of the company’s stock valued at $122,000 after acquiring an additional 6,272 shares in the last quarter. Morgan Stanley grew its stake in shares of Uxin by 3,269.8% in the first quarter. Morgan Stanley now owns 113,934 shares of the company’s stock valued at $431,000 after acquiring an additional 110,553 shares in the last quarter. Jefferies Group LLC acquired a new position in shares of Uxin in the first quarter valued at about $551,000. Finally, Yong Rong HK Asset Management Ltd acquired a new position in shares of Uxin in the first quarter valued at about $152,000. Institutional investors and hedge funds own 41.68% of the company’s stock.

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About Uxin (NASDAQ:UXIN)

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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