Uxin (NASDAQ:UXIN) Trading 4.7% Higher – Here’s What Happened

Uxin Limited (NASDAQ:UXIN) was up 4.7% on Tuesday . The company traded as high as $4.17 and last traded at $4.10. 2,160 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 63,883 shares. The stock had previously closed at $3.91.

Uxin Stock Up 3.3 %

The business’s 50 day moving average price is $4.49 and its 200-day moving average price is $4.14. The company has a market cap of $758.78 million, a PE ratio of -0.20 and a beta of 1.20.

Institutional Investors Weigh In On Uxin

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC acquired a new stake in shares of Uxin Limited (NASDAQ:UXIN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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.