JP Morgan slashes price target on Uxin Limited [UXIN] – find out why.

Uxin Limited [NASDAQ: UXIN] closed the trading session at $0.70 on 08/25/22. The day’s price range saw the stock hit a low of $0.6121, while the highest price level was $0.76. The company report on July 28, 2022 that Uxin Reports Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results.

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Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading nationwide online used car dealer in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2022.

The stocks have a year to date performance of -55.38 percent and weekly performance of 13.36 percent. The stock has been moved at -34.72 percent over the last six months. The stock has performed -2.99 percent around the most recent 30 days and changed 80.77 percent over the most recent 3-months.

If compared to the average trading volume of 2.72M shares, UXIN reached to a volume of 3804116 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Uxin Limited [UXIN]:

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 0.07, with the Price to Sales ratio for UXIN stock in the period of the last 12 months amounting to 1.32.

UXIN stock trade performance evaluation

Uxin Limited [UXIN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.36. With this latest performance, UXIN shares dropped by -2.99% in over the last four-week period, additionally sinking by -34.72% over the last 6 months – not to mention a drop of -79.33% 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 58.32, with the RSI for the last a single of trading hit 64.86, and the three-weeks RSI is set at 55.44 for Uxin Limited [UXIN]. The present Moving Average for the last 50 days of trading for this stock 0.6344, while it was recorded at 0.6323 for the last single week of trading, and 1.0250 for the last 200 days.

Uxin Limited [UXIN]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Uxin Limited [UXIN] shares currently have an operating margin of -23.29 and a Gross Margin at +2.92. Uxin Limited’s Net Margin is presently recorded at -8.75.

Uxin Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.70.

Uxin Limited [UXIN]: Insider Ownership positions

There are presently around $47 million, or 39.80% of UXIN stock, in the hands of institutional investors. The top three institutional holders of UXIN stocks are: WARBURG PINCUS LLC with ownership of 25,111,495, which is approximately -39.172% of the company’s market cap and around 5.13% of the total institutional ownership; TPG GP A, LLC, holding 11,733,110 shares of the stock with an approximate value of $8.27 million in UXIN stocks shares; and ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC, currently with $7.93 million in UXIN stock with ownership of nearly -1.765% of the company’s market capitalization.

Positions in Uxin Limited stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 26 institutional holders increased their position in Uxin Limited [NASDAQ:UXIN] by around 10,871,150 shares. Additionally, 24 investors decreased positions by around 29,179,648 shares, while 10 investors held positions by with 26,884,625 shares. The mentioned changes placed institutional holdings at 66,935,423 shares, according to the latest SEC report filing. UXIN stock had 14 new institutional investments in for a total of 4,071,872 shares, while 14 institutional investors sold positions of 10,603,791 shares during the same period.


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