Susquehanna Fundamental Investments LLC purchased a new position in shares of Uxin Limited (NASDAQ:UXIN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 446,200 shares of the company’s stock, valued at approximately $1,718,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Boston Private Wealth LLC acquired a new stake in Uxin during the 1st quarter worth about $29,000. Oppenheimer & Co. Inc. raised its stake in shares of Uxin by 73.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 472,950 shares of the company’s stock valued at $553,000 after buying an additional 200,000 shares during the last quarter. Citigroup Inc. raised its stake in shares of Uxin by 4,713.2% during the 1st quarter. Citigroup Inc. now owns 131,255 shares of the company’s stock valued at $154,000 after buying an additional 128,528 shares during the last quarter. FMR LLC purchased a new position in shares of Uxin during the 1st quarter valued at about $9,445,000. Finally, American Century Companies Inc. purchased a new position in shares of Uxin during the 2nd quarter valued at about $41,000. 20.74% of the stock is owned by institutional investors.
NASDAQ UXIN opened at $2.89 on Friday. The stock has a 50-day simple moving average of $3.30 and a two-hundred day simple moving average of $2.93. The firm has a market capitalization of $1.07 billion, a P/E ratio of -20.64 and a beta of 0.25. Uxin Limited has a fifty-two week low of $0.84 and a fifty-two week high of $5.82.
Uxin Company Profile
Uxin Ltd. operates an online used car transaction services platform. It offers used car online auction, online retail, and financial derivative services. The company was founded by Dai Kun on August 11, 2011 and is headquartered in Beijing, China.
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