Understanding Uxin Limited (NASDAQ:UXIN)’s Growth Potential

Uxin Limited (NASDAQ:UXIN) shares, dropped in value on Wednesday, Apr 07, with the stock price down by -8.92% to the previous day’s close as weak demand from buyers trailed the stock to $1.43.

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Actively observing the price movement in the last trading, the stock closed the session at $1.57, falling within a range of $1.3900 and $1.6600. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $2.02, and the low was $0.72. On the whole, UXIN has fluctuated by 25.44% over the past month.

We see that UXIN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.

1 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by none analyst(s), 1 recommend it as a Buy and no body called the UXIN stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.

A comparison of Uxin Limited (UXIN) with its peers suggests the former has fared considerably weaker in the market. UXIN showed an intraday change of -8.92% in last session, and over the past year, it dropped by -8.33%. In comparison, Alphabet Cl C (GOOG) has moved higher at +1.12% on the day and was up +89.54% over the past 12 months. On the other hand, the price of Alphabet Cl A (GOOGL) has risen 1.35% on the day. The stock, however, is off 89.24% from where it was a year ago. Additionally, there is a decline of -892% for Facebook Inc (FB) in last trading while the stock has seen an overall depriciation of -8.33% over the past year. The PE ratio stands at 0 for Uxin Limited, compared to 38.38 for Alphabet Cl C, and 36.7 for Alphabet Cl A. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.

Data on historical trading for Uxin Limited (NASDAQ:UXIN) indicates that the trading volumes over the past 10 days have averaged 90Million and over the past 3 months, they’ve averaged 11.13 Million. According to company’s latest data on outstanding shares, there are 341.43 Million shares outstanding.

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Nearly 7.99% of Uxin Limited’s shares belong to company insiders and institutional investors own 29.66% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 3.02 Million shares as on March 14, 2021, resulting in a short ratio of 0.78. According to the data, the short interest in Uxin Limited (UXIN) stood at 0.89% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 5.09 Million. The stock has risen by +63.9% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UXIN stock heading into the next quarter.

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