UXIN (UXIN, Financial) experienced a significant stock movement with a decline of 5.11%. The stock is currently priced at $3.82, with a trading volume of 39,546 shares. Its turnover rate is 0.02%, and it exhibits a volatility of 6.70%.
Recent financial results show UXIN reported revenue of $55.39 million but suffered a net loss of $7.11 million, translating to an earnings per share (EPS) of -$0.04. The company's gross profit was $3.53 million, with a negative price-to-earnings (P/E) ratio of -0.09. As of now, there are no institutional ratings indicating a position of buy, hold, or sell for this stock.
Within the broader automotive retail industry, UXIN is part of a sector that saw an overall decline of 1.95%. While UXIN declined, other related stocks such as Cango, Zhongzhi Car Care, and Mister Car Wash, Inc. showed substantial gains. Active stocks in this sector included Kaixin Auto Holdings, Camping World, and Carvana Co., with turnover rates of 7.61%, 4.15%, and 3.02%, respectively. Stocks with high volatility within the sector included Zhongzhi Car Care, Jiuzhi New Energy, and Kaixin Auto Holdings, reflecting amplitudes of 15.22%, 14.06%, and 9.51%.
UXIN is an investment holding company that operates a used car e-commerce platform through its mobile app and website. It facilitates used car transactions for buyers and provides financing solutions through third-party partners. Revenue is generated through commissions from scrap car sales and interest income from finance leasing. The company primarily operates and generates revenue within China, where its assets are located.
