Uxin (NASDAQ:UXIN) Trading Down 5.6% – What’s Next?

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

Uxin Stock Down 5.6 %

The firm’s 50 day simple moving average is $4.82 and its 200-day simple moving average is $3.07.

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

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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