Stocks of Uxin Limited (NASDAQ:UXIN) traded higher last session on Wall Street, down -7.17% to $2.98.
According to the data, Uxin Limited (NASDAQ:UXIN) has 1 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $413.57 and a low of $413.57, we find $413.57. Given the previous closing price of $3.21, this indicates a potential upside of 12783.8 percent. UXIN stock price is now 0.99% away from the 50-day moving average and -44.61% away from the 200-day moving average. The market capitalization of the company currently stands at $140.57M.
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A total of 0 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $413.57 as their price target over the next twelve months.
On March 12, 2019, Credit Suisse recently initiated its ‘Outperform’ rating on the stock quoting a target price of $7.70, while ‘JP Morgan’ rates the stock as ‘Overweight’.
A total of 4.58% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in UXIN stock. A new stake in Uxin Limited shares was purchased by VIDENT INVESTMENT ADVISORY, LLC during the first quarter worth $107,000. FINANCIAL ENGINES ADVISORS L.L.C. invested $60,000 in shares of UXIN during the first quarter. In the first quarter, GSA CAPITAL PARTNERS LLP acquired a new stake in Uxin Limited valued at approximately $22,000. BLACKROCK INC. acquired a new stake in UXIN for approximately $5,000. MARINER, LLC purchased a new stake in UXIN valued at around $4,000 in the second quarter. In total, there are 52 active investors with 36.40% ownership of the company’s stock.
Wednesday’s opening bell rang with an opening price of $3.2600 for Uxin Limited (NASDAQ: UXIN). During the past 12 months, Uxin Limited has had a low of $2.21 and a high of $17.50. The fifty day moving average price for UXIN is $2.9509 and a two-hundred day moving average price translates $5.3803 for the stock.
The latest earnings results from Uxin Limited (NASDAQ: UXIN) was released for Jun, 2022. According to the Internet Content & Information Company, earnings per share came in at -$0.07, beating analysts’ expectations of -$0.08 by 0.01. This compares to -$5.13 EPS in the same period last year. The net profit margin was 74.60% and return on equity was -113.40% for UXIN. The company reported revenue of $86.99 million for the quarter, compared to $53.69 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 62.03 percent.
Uxin Limited(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. The company was incorporated in 2011 and is headquartered in Beijing, China.
