Uxin Limited [UXIN] Stock trading around $4.51 per share: What’s Next?

Uxin Limited [NASDAQ: UXIN] stock went on a downward path that fall over -12.93% on Tuesday, amounting to a one-week price decrease of less than -1.10%. The company report on June 15, 2021 that Uxin Announces Financing Transaction of up to US$315 million.

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Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading nationwide online used car dealer in China, announced that it has entered into definitive agreements with NIO Capital and Joy Capital, pursuant to which both investors have agreed to invest a total of up to US$315 million in the Company. Concurrently, the Company has agreed with its convertible notes holders, including 58.com, TPG and Warburg Pincus, to convert their convertible notes in an aggregate principal amount of US$69 million into Class A ordinary shares of the Company. Over ten important investors, including NIO Capital, Joy Capital and the above mentioned convertible notes holders will agree not to sell their shares in the Company in the next nine months. The transaction is subject to customary closing conditions stipulated in the agreements.

Mr. William Bin Li, Chairman of NIO Inc. and Managing Partner of NIO Capital, commented, “The used car market has exponential growth potential in China. As one of the leading online used car dealers in China, Uxin relies on a one-stop business model to provide car buyers nationwide with high quality vehicles and comprehensive after-sales services. Uxin has effectively tackled critical problems that affect traditional dealers. We believe Uxin will continue to lead the development of the domestic used car market and help transform the industry to new heights of quality and reliability.”.

Over the last 12 months, UXIN stock rose by 208.90%. The one-year Uxin Limited stock forecast points to a potential downside of -64.0. The average equity rating for UXIN stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $1.27 billion, with 369.95 million shares outstanding and 183.83 million shares in the current float. Compared to the average trading volume of 19.61M shares, UXIN stock reached a trading volume of 37276236 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Uxin Limited [UXIN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UXIN shares is $2.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UXIN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Uxin Limited shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 23, 2019. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on March 12, 2019, representing the official price target for Uxin Limited stock.

The Average True Range (ATR) for Uxin Limited is set at 0.55, with the Price to Sales ratio for UXIN stock in the period of the last 12 months amounting to 14.36.

UXIN Stock Performance Analysis:

Uxin Limited [UXIN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.10. With this latest performance, UXIN shares gained by 65.20% in over the last four-week period, additionally plugging by 249.61% over the last 6 months – not to mention a rise of 208.90% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UXIN stock in for the last two-week period is set at 60.43, with the RSI for the last a single of trading hit 55.68, and the three-weeks RSI is set at 62.63 for Uxin Limited [UXIN]. The present Moving Average for the last 50 days of trading for this stock 2.87, while it was recorded at 4.84 for the last single week of trading, and 1.56 for the last 200 days.

Insight into Uxin Limited Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Uxin Limited [UXIN] shares currently have an operating margin of -70.66 and a Gross Margin at +56.59. Uxin Limited’s Net Margin is presently recorded at -83.51.

Return on Total Capital for UXIN is now -37.58, given the latest momentum, and Return on Invested Capital for the company is -55.87. Return on Equity for this stock declined to -284.96, with Return on Assets sitting at -24.84. When it comes to the capital structure of this company, Uxin Limited [UXIN] has a Total Debt to Total Equity ratio set at 542.42. Additionally, UXIN Total Debt to Total Capital is recorded at 84.43, with Total Debt to Total Assets ending up at 47.27. Long-Term Debt to Equity for the company is recorded at 410.07, with the Long-Term Debt to Total Capital now at 63.83.

Receivables Turnover for the company is 0.69 with a Total Asset Turnover recorded at a value of 0.30.Uxin Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.

UXIN Stock EPS

With the latest financial reports released by the company, Uxin Limited posted -0.17/share EPS, while the average EPS was predicted by analysts to be reported at -0.14/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -21.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UXIN.

Uxin Limited [UXIN] Insider Position Details

There are presently around $269 million, or 30.60% of UXIN stock, in the hands of institutional investors. The top three institutional holders of UXIN stocks are: WARBURG PINCUS LLC with ownership of 37,399,103, which is approximately 0% of the company’s market cap and around 16.12% of the total institutional ownership; WELLS FARGO & COMPANY/MN, holding 10,121,028 shares of the stock with an approximate value of $45.65 million in UXIN stocks shares; and HILLHOUSE CAPITAL ADVISORS, LTD., currently with $10.36 million in UXIN stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Uxin Limited stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 25 institutional holders increased their position in Uxin Limited [NASDAQ:UXIN] by around 3,870,250 shares. Additionally, 17 investors decreased positions by around 1,298,095 shares, while 7 investors held positions by with 54,521,612 shares. The mentioned changes placed institutional holdings at 59,689,957 shares, according to the latest SEC report filing. UXIN stock had 14 new institutional investments in for a total of 2,342,851 shares, while 7 institutional investors sold positions of 172,850 shares during the same period.

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