Uxin (NASDAQ:UXIN) Stock Price Down 5.6% – Should You Sell?

Shares of Uxin Limited (NASDAQ:UXINGet Free Report) fell 5.6% during mid-day trading on Friday . The company traded as low as $4.20 and last traded at $4.20. 10,057 shares were traded during mid-day trading, a decline of 98% from the average session volume of 560,794 shares. The stock had previously closed at $4.45.

Uxin Stock Performance

The company has a market cap of $790.71 million, a price-to-earnings ratio of -0.21 and a beta of 1.37. The business has a 50-day simple moving average of $4.88 and a 200-day simple moving average of $3.05.

Uxin (NASDAQ:UXINGet Free Report) last posted its quarterly earnings results on Monday, September 23rd. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $55.21 million during the quarter. Uxin had a negative net margin of 20.57% and a negative return on equity of 248.43%.

About Uxin

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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.

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