UP Fintech Holding Ltd ADR (NASDAQ: TIGR) is 29.57% higher on its value in year-to-date trading and has touched a low of $3.36 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 $8.11 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $8.37, the stock is -7.21% and 0.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.76 million and changing 3.21% at the moment leaves the stock 22.32% off its SMA200. TIGR registered 96.02% gain for a year compared to 6-month gain of 52.18%. The firm has a 50-day simple moving average (SMA 50) of $8.3181 and a 200-day simple moving average (SMA200) of $6.8199.
The stock witnessed a -0.71% loss in the last 1 month and extending the period to 3 months gives it a 20.95%, and is -4.34% 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 3.01% over the week and 3.04% over the month.
UP Fintech Holding Ltd ADR (TIGR) has around 1193 employees, a market worth around $1.42B and $435.20M in sales. Current P/E ratio is 18.78 and Fwd P/E is 12.89. Profit margin for the company is 18.11%. Distance from 52-week low is 149.11% and -42.20% from its 52-week high. The company has generated returns on investments over the last 12 months (9.12%).
The EPS is expected to grow by 42.40% this year.
UP Fintech Holding Ltd ADR (TIGR) Top Institutional Holders
141.0 institutions hold shares in UP Fintech Holding Ltd ADR (TIGR), with institutional investors hold 42.70% of the company’s shares. The shares outstanding are 170.15M, and float is at 169.99M with Short Float at 4.08%. Institutions hold 35.45% 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 MARSHALL WACE, LLP holds 0.6433 of the shares totaling 1.11 million with a market value of $4.67 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).
