Should You Buy Uxin Ltd (UXIN) Stock on Monday?

Uxin Ltd (UXIN) stock has fallen 1.72% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Uxin Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UXIN!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With UXIN Stock Today?

Uxin Ltd (UXIN) stock is trading at $1.14 as of 1:16 PM on Monday, Nov 27, a drop of -$0.03, or -2.99% from the previous closing price of $1.17. The stock has traded between $1.08 and $1.17 so far today. Volume today is above average. So far 123,964 shares have traded compared to average volume of 58,381 shares. 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.