Uxin Limited [UXIN] shares are down more than -44.34% this year and recently decreased -0.03% or -$0.04 to settle at $1.23. UXIN has a short ratio of 1.87. This implies that the market is currently less bearish on the outlook for UXIN.

On 24, July 2020, Uxin Reports Unaudited Financial Results for the Transition Period from January 1 to March 31, 2020. According to news published on Yahoo Finance, Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced its unaudited financial results for the transition period from January 1 to March 31, 2020. On April 26, 2020, Uxin’s board of directors approved a change of fiscal year end from December 31 to March 31. The Company will also file a report on Form 20-F for the transition period from January 1 to March 31, 2020 (the “Transition Period”) with the Securities and Exchange Commission today.

Analyst Birdseye View:

The most recent analyst activity for Uxin Limited [NASDAQ:UXIN] stock was on March 12, 2019, when it was Initiated with an Outperform rating from Credit Suisse, which also raised its 12-month price target on the stock to $7.70. On January 10, 2019, JP Morgan Upgrade an Overweight rating. On December 21, 2018, Goldman Downgrade a Neutral rating. On August 16, 2018, Goldman Initiated a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.16 and a peak of $3.80. Right now, according to Wall Street analyst the average 12-month amount target is $32.14. At the most recent market close, shares of Uxin Limited [NASDAQ:UXIN] were valued at $1.23.

FUNDAMENTAL ANALYSIS

Uxin Limited [NASDAQ:UXIN] most recently reported quarterly sales of 14.88 billion, which represented growth of -54.60%. This publicly-traded organization’s revenue is $35,604 per employee, while its income is -$29,734 per employee. This company’s Gross Margin is currently 56.60%, its Operating Margin is -83.70%, its Pretax Margin is -85.67, and its Net Margin is -83.51. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -20.83, -92.91, -28.58 and -50.54 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 84.43 and the whole liability to whole assets at 47.27. It shows enduring liability to the whole principal at 63.83 and enduring liability to assets at 0.36 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.2033 points at 1st support level, the second support level is making up to 1.1767. But as of 1st resistance point, this stock is sitting at 1.2633 and at 1.2967 for 2nd resistance point.

Uxin Limited [UXIN] reported its earnings at -$0.03 per share in the fiscal quarter closing of 3/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.11/share signifying the difference of 0.08 and 72.70% surprise value. Comparing the previous quarter ending of 12/30/2019, the stated earnings were -$1.07 calling estimates for -$0.47/share with the difference of -0.6 depicting the surprise of -127.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Uxin Limited [NASDAQ:UXIN] is 1.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.40. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.91 and it’s amount to book ratio is 9.93.