Allspring Global Investments Holdings LLC Makes New Investment in Uxin Limited (NASDAQ:UXIN)

Allspring Global Investments Holdings LLC bought a new stake in Uxin Limited (NASDAQ:UXIN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 616,766 shares of the company’s stock, valued at approximately $432,000. Allspring Global Investments Holdings LLC owned 13.12% of Uxin at the end of the most recent reporting period.

Uxin Price Performance

Shares of UXIN opened at $1.95 on Friday. The firm has a market cap of $9.17 million, a PE ratio of -0.11 and a beta of 0.98. The stock’s fifty day moving average price is $2.07 and its two-hundred day moving average price is $6.15. Uxin Limited has a 1 year low of $1.50 and a 1 year high of $18.90.

Uxin Company Profile

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.