UP Fintech Holding Ltd ADR (NASDAQ: TIGR) is 1.36% higher on its value in year-to-date trading and has touched a low of $2.31 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TIGR stock was last observed hovering at around $4.32 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $4.48, the stock is 7.15% and 12.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 3.70% at the moment leaves the stock 9.41% off its SMA200. TIGR registered 44.98% gain for a year compared to 6-month loss of -15.15%. The firm has a 50-day simple moving average (SMA 50) of $0.62 and a 200-day simple moving average (SMA200) of $1.89.
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The stock witnessed a 13.71% gain in the last 1 month and extending the period to 3 months gives it a 3.46%, and is 1.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.00% over the week and 4.80% over the month.
UP Fintech Holding Ltd ADR (TIGR) has around 1040 employees, a market worth around $670.21M and $266.38M in sales. Current P/E ratio is 20.29 and Fwd P/E is 12.50. Profit margin for the company is 13.38%. Distance from 52-week low is 93.94% and -22.76% from its 52-week high. The company has generated returns on investments over the last 12 months (5.55%).
UP Fintech Holding Ltd ADR quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $207M over the same period.The EPS is expected to grow by 274.92% this year, but quarterly earnings will post 17.20% year-over-year. Quarterly sales are estimated to grow 224.20% in year-over-year returns.
UP Fintech Holding Ltd ADR (TIGR) Top Institutional Holders
92 institutions hold shares in UP Fintech Holding Ltd ADR (TIGR), with institutional investors hold 14.43% of the company’s shares. The shares outstanding are 149.60M, and float is at 149.19M with Short Float at 1.91%. Institutions hold 9.87% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 1.96 million shares valued at $5.56 million. The investor’s holdings represent 1.17% of the TIGR Shares outstanding. As of Jun 29, 2023, the second largest holder is Morgan Stanley with 0.93 million shares valued at $2.65 million to account for 0.56% of the shares outstanding. The other top investors are State Street Corporation which holds 0.79 million shares representing 0.47% and valued at over $2.24 million, while Group One Trading, L.P. holds 0.19% of the shares totaling 0.33 million with a market value of $0.92 million.
