UP Fintech Holding Ltd ADR (NASDAQ: TIGR) is 9.13% 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 $7.24 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $7.05, the stock is -15.58% and -9.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.78 million and changing -2.62% at the moment leaves the stock 16.16% off its SMA200. TIGR registered 112.35% gain for a year compared to 6-month loss of -23.29%. The firm has a 50-day simple moving average (SMA 50) of $7.8322 and a 200-day simple moving average (SMA200) of $6.069475.
The stock witnessed a -4.21% gain in the last 1 month and extending the period to 3 months gives it a 6.66%, and is -17.93% 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 9.02% over the week and 7.53% over the month.
Current P/E ratio is 19.78 and Fwd P/E is 12.51. Profit margin for the company is 15.51%. Distance from 52-week low is 127.42% and -51.31% from its 52-week high. The company has generated returns on investments over the last 12 months (7.40%).
with sales reaching $112.33M over the same period.The EPS is expected to grow by 18.85% this year, but quarterly earnings will post 20.33% year-over-year. Quarterly sales are estimated to grow 42.28% in year-over-year returns.
UP Fintech Holding Ltd ADR (TIGR) Top Institutional Holders
126.0 institutions hold shares in UP Fintech Holding Ltd ADR (TIGR), with institutional investors hold 23.28% of the company’s shares. The shares outstanding are 151.01M, and float is at 150.88M with Short Float at 3.62%. Institutions hold 19.45% of the Float.
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 1.1477% 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 0.87 of the shares outstanding. The other top investors are SPARTA 24 LTD. which holds 1.47 million shares representing 0.8519% and valued at over $6.19 million, while GOLDMAN SACHS GROUP INC holds 0.6767 of the shares totaling 1.06 million with a market value of $4.44 million.
UP Fintech Holding Ltd ADR (TIGR) Insider Activity
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Still, SEC filings show that on Sep 30 ’24, Fang Lei (Director) Proposed Sale 200,000 shares at an average price of $4.58 for $0.92 million. The insider now directly holds shares of UP Fintech Holding Ltd ADR (TIGR).
