Key Points
- Uxin CEO Kun Dai purchased 8,440 shares at an average price of $1.26, investing approximately $10,634 under a pre-arranged Rule 10b5-1 trading plan.
- Uxin shares opened at $1.32 after reportedly rising 7.3%; the stock has a market capitalization of about $285.7 million and has traded between $0.90 and $4.18 over the past year.
- The company reported a quarterly loss of $0.11 per share on revenue of $169.44 million. Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $4.50.
Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) CEO Kun Dai bought 8,440 shares of the business's stock in a transaction dated Tuesday, September 29th. The shares were bought at an average price of $1.26 per share, with a total value of $10,634.40. Following the completion of the transaction, the chief executive officer owned 8,440 shares in the company, valued at approximately $10,634.40. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Uxin Trading Up 7.3%
UXIN stock opened at $1.32 on Thursday. The stock has a market capitalization of $285.70 million, a P/E ratio of -4.71 and a beta of 0.84. The firm has a 50-day moving average price of $1.21 and a 200-day moving average price of $2.02. Uxin Limited Sponsored ADR has a 12 month low of $0.90 and a 12 month high of $4.18.
Uxin (NASDAQ:UXIN - Get Free Report) last posted its earnings results on Thursday, September 24th. The company reported ($0.11) earnings per share for the quarter. The business had revenue of $169.44 million for the quarter.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Wall Street Zen cut Uxin from a "hold" rating to a "sell" rating in a report on Saturday, June 20th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Uxin in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $4.50.
Read Our Latest Stock Report on Uxin
About Uxin
(
Get Free Report)
Uxin Limited (NASDAQ: UXIN) is a China-based used automobile retailer and e-commerce company. The company operates an online platform that connects consumers with used vehicles and supports the purchase and sale of cars through digital tools and related transaction services.
Uxin's business activities have included vehicle sourcing, inspection and reconditioning, pricing information, online listings, sales assistance, and vehicle delivery. The company has also offered services designed to support used-car transactions, such as financing and other automotive-related solutions, subject to applicable regulations and market conditions.
Founded in 2015, Uxin initially developed as an online used-car marketplace before expanding toward an integrated retail model.
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