Check out these key findings about Uxin Limited (UXIN)

Uxin Limited (NASDAQ: UXIN) stock jumped 3.28% on Friday to $3.15 against a previous-day closing price of $3.05. With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.23 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $3.2500 whereas the lowest price it dropped to was $3.0100. The 52-week range on UXIN shows that it touched its highest point at $17.50 and its lowest point at $2.21 during that stretch. It currently has a 1-year price target of $11.25. Beta for the stock currently stands at 0.63.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UXIN was down-trending over the past week, with a drop of -17.75%, but this was up by 21.15% over a month. Three-month performance dropped to -28.41% while six-month performance fell -58.43%. The stock lost -75.77% in the past year, while it has gained 9.37% so far this year. A look at the trailing 12-month EPS for UXIN yields 56.86 with Next year EPS estimates of -0.29. For the next quarter, that number is -0.12. This implies an EPS growth rate of 81.20% for this year and 38.30% for next year.

Float and Shares Shorts:

At present, 45.14 million UXIN shares are outstanding with a float of 2.77 million shares on hand for trading. On Oct 13, 2022, short shares totaled 5.16 million, which was 1.13% higher than short shares on Sep 14, 2022. In addition to Mr. Kun Dai as the firm’s Founder, Chairman & CEO, Mr. Feng Lin serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 38.74% of UXIN’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.38% of UXIN, in contrast to 1.13% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in UXIN with 2.00% of the stake, Allspring Global Investments LLC holds 909,661 shares worth 909,661. A second-largest stockholder of UXIN, HHLR Advisors Ltd., holds 191,563 shares, controlling over 0.42% of the firm’s shares. Millennium Management LLC is the third largest shareholder in UXIN, holding 47,177 shares or 0.10% stake. With a 0.87% stake in UXIN, the Allspring Emerging Markets Equity is the largest stakeholder. A total of 395,000 shares are owned by the mutual fund manager. The Invesco Golden Dragon China ETF, which owns about 0.08% of UXIN stock, is the second-largest Mutual Fund holder. It holds 36,285 shares valued at 0.1 million. Global X E-commerce ETF holds 0.05% of the stake in UXIN, owning 23,425 shares worth 67464.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UXIN since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With UXIN analysts setting a high price target of $413.57 and a low target of $413.57, the average target price over the next 12 months is $413.57. Based on these targets, UXIN could surge 13029.21% to reach the target high and rise by 13029.21% to reach the target low. Reaching the average price target will result in a growth of 13029.21% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. UXIN will report FY 2023 earnings on 05/31/2023. Analysts have provided yearly estimates in a range of -$2.88 being high and -$2.88 being low. For UXIN, this leads to a yearly average estimate of -$2.88. Based on analyst estimates, the high estimate for the next quarter is -$0.72 and the low estimate is -$0.72. The average estimate for the next quarter is thus -$0.72.

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