Uxin Limited (UXIN, Financial), a player in the automotive retail sector, experienced a significant stock movement with a 5.12% increase. The stock is currently trading at $4.85 per share with a trading volume of 26,713 shares and a turnover rate of 0.01%. The stock's volatility marked an amplitude of 6.94%.
Recent financial reports highlight Uxin's revenue of $69.37 million, with a net loss of $8.49 million, resulting in an earnings per share (EPS) of -$0.05 and a gross profit of $2.70 million. The price-to-earnings (P/E) ratio stands at -0.14, indicating the company's current financial challenges. No institutional ratings are available for the stock at this time.
Within the automotive retail sector, which saw an overall increase of 1.64%, Uxin, along with Carvana Co. and Lazydays Holdings, Inc., recorded notable gains. Meanwhile, stocks like Kaixin Auto, Carvana Co., and Cheetah Net Supply Chain Service Inc. showed high activity levels with turnover rates of 7.44%, 5.27%, and 3.23%, respectively. Stocks with significant volatility included Lazydays Holdings, Inc., Cheetah Net Supply Chain Service Inc., and Zhongchi Chuangfu, with amplitudes of 7.79%, 7.73%, and 7.61%.
Uxin Limited operates a second-hand car e-commerce platform through its mobile app and website, facilitating transactions and offering financing solutions via third-party partners. The company generates revenue from scrap car sales commissions and finance lease interest, with all operations and assets based in China.
