Uxin (NASDAQ:UXIN) Downgraded to Sell Rating by Wall Street Zen

Uxin (NASDAQ:UXIN) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Uxin in a report on Friday, April 10th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $4.50.

Uxin Price Performance

Shares of NASDAQ:UXIN opened at $1.92 on Friday. The business’s fifty day moving average price is $2.52 and its two-hundred day moving average price is $3.07. Uxin has a fifty-two week low of $1.71 and a fifty-two week high of $5.36. The stock has a market capitalization of $415.56 million, a price-to-earnings ratio of -9.14 and a beta of 0.81.

Uxin (NASDAQ:UXIN) last issued its quarterly earnings data on Tuesday, June 16th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $155.72 million during the quarter.

About Uxin

Uxin Limited is a China-based online and offline used car e-commerce platform that connects vehicle buyers and sellers through an integrated digital marketplace. Headquartered in Beijing, the company operates a network of physical used-car malls alongside its proprietary online platform, enabling customers to browse, inspect and purchase pre-owned vehicles with transparency and convenience.

The company’s core business activities encompass sourcing, quality assurance and distribution of used vehicles.