Is UXIN worth buying?
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Is UXIN worth buying?
Overall, analysts have been impressed with Uxin’s penetration in China’s used car market, and they are confident this market has plenty of room for growth. The consensus is that Uxin shares could increase substantially over the next year, making this stock a strong buy candidate.
What kind of company is UXIN?
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.
Why is UXIN up today?
Why Uxin Stock Jumped 29\% After Third-Quarter Earnings Shares of Beijing-based online used car dealer Uxin Ltd (NASDAQ: UXIN) surged after the company reported earnings for its fiscal third quarter of 2021 Wednesday morning, rising 29\% through 10:35 a.m. EDT.
What is the forecast for UXIN?
Uxin Ltd (NASDAQ:UXIN) The 1 analysts offering 12-month price forecasts for Uxin Ltd have a median target of 6.50, with a high estimate of 6.50 and a low estimate of 6.50. The median estimate represents a +286.62\% increase from the last price of 1.68.
Is KXIN a good stock?
If you are looking for stocks with good return, Kaixin Auto Holdings can be a profitable investment option. Based on our forecasts, a long-term increase is expected, the “KXIN” stock price prognosis for 2026-12-04 is 5.428 USD. With a 5-year investment, the revenue is expected to be around +311.21\%.
What does the UXIN company do?
Uxin (NASDAQ: UXIN) is a leading nationwide online used car dealer in China. The Company’s mission is to enable people to buy the car of their choice online.
Why is UXIN stock down?
Uxin Ltd. shares were down 13\% to $4.51 after the company said it entered into definitive agreements with NIO Capital and Joy Capital, in which both investors have agreed to invest a total of up to $315 million in the company.