UP Fintech Holding Ltd ADR (NASDAQ: TIGR) is -21.95% lower on its value in year-to-date trading and has touched a low of $3.10 and a high of $5.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TIGR stock was last observed hovering at around $3.50 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $3.45, the stock is -7.82% and -13.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -1.43% at the moment leaves the stock -13.83% off its SMA200. TIGR registered -34.03% loss for a year compared to 6-month loss of -30.58%.
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The stock witnessed a -8.24% gain in the last 1 month and extending the period to 3 months gives it a -27.60%, and is -2.27% down 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 5.02% over the week and 4.36% over the month.
UP Fintech Holding Ltd ADR (TIGR) has around 1109 employees, a market worth around $522.68M and $306.51M in sales. Current P/E ratio is 21.38 and Fwd P/E is 10.50. Profit margin for the company is 8.59%. Distance from 52-week low is 11.29% and -39.71% from its 52-week high. The company has generated returns on investments over the last 12 months (3.95%).
UP Fintech Holding Ltd ADR quarterly earnings per share for the current quarter are estimated at 0.06.The EPS is expected to grow by 1.82% this year, but quarterly earnings will post 17.50% year-over-year.
The shares outstanding are 151.50M, and float is at 150.25M with Short Float at 2.40%.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.98 million shares valued at $8.33 million. The investor’s holdings represent 1.2707 of the TIGR Shares outstanding. As of 2024-06-30, the second largest holder is D. E. SHAW & CO., INC. with 1.5 million shares valued at $6.32 million to account for 0.9632 of the shares outstanding. The other top investors are SPARTA 24 LTD. which holds 1.47 million shares representing 0.9431 and valued at over $6.19 million, while MARSHALL WACE, LLP holds 0.7122 of the shares totaling 1.11 million with a market value of $4.67 million.
