Uxin Limited (NASDAQ:UXIN) closed Monday at $0.59 per share, down from $0.70 a day earlier. While Uxin Limited has underperformed by -16.17%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, UXIN fell by -83.94%, with highs and lows ranging from $4.10 to $0.36, whereas the simple moving average fell by -50.54% in the last 200 days.
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On October 23, 2019, JP Morgan Downgraded Uxin Limited (NASDAQ: UXIN) to Neutral. A report published by Credit Suisse on March 12, 2019, Initiated its previous ‘Outperform’ rating for UXIN. Goldman initiated its ‘Buy’ rating for UXIN, as published in its report on August 16, 2018.
Analysis of Uxin Limited (UXIN)
Further, the quarter-over-quarter increase in sales is 56.90%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Uxin Limited’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 27.90% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.30, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and UXIN is recording an average volume of 3.28M. On a monthly basis, the volatility of the stock is set at 17.88%, whereas on a weekly basis, it is put at 17.85%, with a loss of -24.44% over the past seven days.
How Do You Analyze Uxin Limited Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 11.82%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 40.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in UXIN shares?
The recent increase in stakes in UXIN appears to be a result of several institutional investors and hedge funds increasing their positions. Allspring Global Investments LLC’s position in UXIN has decreased by -1.77% in the first quarter. The company now owns 11,242,700 shares of the stock, with a value of $4.72 million, following the sale of -202,000 additional shares during the last quarter. BlackRock Fund Advisors made another increased to its shares in UXIN during the first quarter, upping its stake by 7.27%. During the last quarter, the company dropped down 281,886 additional shares for a total stake of worth $1.75 million, bringing number of shares owned by the company to 4,156,708.
During the first quarter, Kadensa Capital Ltd. subtracted a 0 position in UXIN. HHLR Advisors Ltd. sold an additional 0.0 shares in the last quarter, decreasing its holdings by 0.00%, now holding 2.3 million shares worth $0.96 million. At the end of the first quarter, SSgA Funds Management, Inc. increased its UXIN holdings by 0.82% and now holds 1.26 million UXIN shares valued at $0.53 million with the added 10262.0 shares during the period. UXIN shares are owned by institutional investors to the tune of 40.70% at present.
