Why should you keep an eye on UP Fintech Holding Ltd ADR (TIGR)?

UP Fintech Holding Ltd ADR (NASDAQ: TIGR) is 27.83% higher on its value in year-to-date trading and has touched a low of $3.10 and a high of $14.48 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 $5.68 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $5.65, the stock is -9.88% and -8.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.03 million and changing -0.53% at the moment leaves the stock 24.66% off its SMA200. TIGR registered 20.99% gain for a year compared to 6-month gain of 26.26%. The firm has a 50-day simple moving average (SMA 50) of $6.1513 and a 200-day simple moving average (SMA200) of $4.52255.

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The stock witnessed a -21.75% loss in the last 1 month and extending the period to 3 months gives it a 49.08%, and is -13.67% 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 6.37% over the week and 6.92% over the month.

UP Fintech Holding Ltd ADR (TIGR) has around 1109 employees, a market worth around $853.21M and $337.42M in sales. Current P/E ratio is 30.05 and Fwd P/E is 12.42. Profit margin for the company is 9.14%. Distance from 52-week low is 82.26% and -60.98% from its 52-week high. The company has generated returns on investments over the last 12 months (4.38%).

The EPS is expected to grow by 29.47% this year.

UP Fintech Holding Ltd ADR (TIGR) Top Institutional Holders

The shares outstanding are 151.01M, and float is at 150.25M with Short Float at 4.04%.

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.