Uxin (NASDAQ:UXIN) Shares Up 7.8% - Here's Why

Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report)'s stock price shot up 7.8% on Monday . The stock traded as high as $3.12 and last traded at $3.1140. 138,902 shares were traded during trading, a decline of 33% from the average session volume of 208,701 shares. The stock had previously closed at $2.89.Analyst Upgrades and DowngradesSeparately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Uxin in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $4.50.Check Out Our Latest Analysis on UxinUxin Stock Up 8.7%The firm has a market cap of $590.29 million, a PE ratio of -16.53 and a beta of 0.89. The firm's fifty day simple moving average is $3.24 and its two-hundred day simple moving average is $3.19. Uxin Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than UxinThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Uxin Right Now?Before you consider Uxin, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uxin wasn't on the list.While Uxin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here