Uxin (NASDAQ:UXIN) Trading Up 4.4% – What’s Next?

Uxin Limited (NASDAQ:UXIN) shares traded up 4.4% during mid-day trading on Thursday . The stock traded as high as $4.27 and last traded at $4.27. 12,339 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 541,278 shares. The stock had previously closed at $4.09.

Uxin Stock Performance

The company has a market cap of $804.98 million, a PE ratio of -0.21 and a beta of 1.20. The stock’s 50-day simple moving average is $4.37 and its 200 day simple moving average is $4.35.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC bought a new position in shares of Uxin Limited (NASDAQ:UXIN) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 5,748 shares of the company’s stock, valued at approximately $27,000. Institutional investors and hedge funds 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.