InvestorsObserver
×
News Home

Should You Buy Uxin Ltd (UXIN) Stock After it Is Down 2.29% in a Week?

Thursday, March 28, 2024 03:00 PM | InvestorsObserver Analysts

Mentioned in this article

Should You Buy Uxin Ltd (UXIN) Stock After it Is Down 2.29% in a Week?

Overall market sentiment has been down on Uxin Ltd (UXIN) stock lately. UXIN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Uxin Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UXIN!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With UXIN Stock Today?

Uxin Ltd (UXIN) stock is down -4.48% while the S&P 500 has gained 0.23% as of 2:55 PM on Thursday, Mar 28. UXIN has fallen -$0.10 from the previous closing price of $2.23 on volume of 68,774 shares. Over the past year the S&P 500 is up 32.47% while UXIN has fallen -91.18%. UXIN lost -$376.43 per share in the over the last 12 months. To screen for more stocks like Uxin Ltd click here.

More About Uxin Ltd

Uxin Ltd is an investment holding company. Along with its subsidiaries, the firm operates used car e-commerce platforms through its mobile applications and websites. It facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. The company generates revenue through sales of the commission of salvage car sales, interest income of financial lease. Click Here to get the full Stock Report for Uxin Ltd stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App