The stock of Uxin Ltd ADR (NASDAQ: UXIN) has increased by 7.18 when compared to last closing price of 1.88.Despite this, the company has seen a loss of -9.64% in its stock price over the last five trading days. PRNewsWire reported 2023-11-22 that BEIJING, Nov. 22, 2023 /PRNewswire/ — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), China’s leading used car retailer, today announced that it will release its unaudited financial results for the first quarter of the fiscal year 2024, which ended on June 30, 2023, and for the second quarter of the fiscal year 2024, which ended on September 30, 2023. The financial results will be made public before the U.S. market opens on November 28, 2023.
Is It Worth Investing in Uxin Ltd ADR (NASDAQ: UXIN) Right Now?
The stock has a 36-month beta value of 1.03. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for UXIN is 4.47M, and at present, short sellers hold a 1.92% of that float. On April 05, 2024, the average trading volume of UXIN was 60.95K shares.
UXIN’s Market Performance
The stock of Uxin Ltd ADR (UXIN) has seen a -9.64% decrease in the past week, with a -2.18% drop in the past month, and a -71.09% fall in the past quarter. The volatility ratio for the week is 11.80%, and the volatility levels for the past 30 days are at 9.64% for UXIN. The simple moving average for the past 20 days is -5.71% for UXIN’s stock, with a -80.61% simple moving average for the past 200 days.
Analysts’ Opinion of UXIN
Credit Suisse, on the other hand, stated in their research note that they expect to see UXIN reach a price target of $7.70. The rating they have provided for UXIN stocks is “Outperform” according to the report published on March 12th, 2019.
UXIN Trading at -12.38% from the 50-Day Moving Average
After a stumble in the market that brought UXIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.91% of loss for the given period.
Volatility was left at 9.64%, however, over the last 30 days, the volatility rate increased by 11.80%, as shares sank -2.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.40% lower at present.
During the last 5 trading sessions, UXIN fell by -9.64%, which changed the moving average for the period of 200-days by -85.40% in comparison to the 20-day moving average, which settled at $2.1300. In addition, Uxin Ltd ADR saw -71.26% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UXIN
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.03 for the gross margin
The net margin for Uxin Ltd ADR stands at -0.25. The total capital return value is set at -1.08.
The debt to equity ratio resting at -0.3. The interest coverage ratio of the stock is -13.77.
Currently, EBITDA for the company is -363.39 million with net debt to EBITDA at -1.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.4. The receivables turnover for the company is 67.3for trailing twelve months and the total asset turnover is 1.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
To sum up, Uxin Ltd ADR (UXIN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
