UP Fintech Holding Limited (NASDAQ:TIGR) has seen 23.25 million shares traded in the last trading session. The company, currently valued at $1.24B, closed the last trade at $7.91 per share which meant it lost -$0.27 on the day or -3.30% during that session. The TIGR stock price is -386.73% off its 52-week high price of $38.50 and 45.64% above the 52-week low of $4.30. The 3-month trading volume is 8.46 million shares.
The consensus among analysts is that UP Fintech Holding Limited (TIGR) is an Overweight stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 8 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.12.
UP Fintech Holding Limited (NASDAQ:TIGR) trade information
Sporting -3.30% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 10/15/21 when the TIGR stock price touched $7.91 or saw a rise of 30.86%. Year-to-date, UP Fintech Holding Limited shares have moved -0.38%, while the 5-day performance has seen it change -26.07%. Over the past 30 days, the shares of UP Fintech Holding Limited (NASDAQ:TIGR) have changed -38.82%.
Wall Street analysts have a consensus price target for the stock at $24.92, which means that the shares’ value could jump 68.26% from current levels. The projected low price target is $15.29 while the price target rests at a high of $38.67. In that case, then, we find that the current price level is -388.87% off the targeted high while a plunge would see the stock gain -93.3% from current levels.
UP Fintech Holding Limited (TIGR) estimates and forecasts
The company’s shares have lost -60.86% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 85.70%.
1 analysts offering their estimates for the company have set an average revenue estimate of $82.37 million for the current quarter. 1 have an estimated revenue figure of $82.37 million for the next quarter concluding in Dec 2021.
UP Fintech Holding Limited is expected to release its next earnings report between November 23 and November 29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
UP Fintech Holding Limited (NASDAQ:TIGR)’s Major holders
Insiders own 13.76% of the company shares, while shares held by institutions stand at 20.13% with a share float percentage of 23.34%. Investors are also buoyed by the number of investors in a company, with UP Fintech Holding Limited having a total of 172 institutions that hold shares in the company. The top two institutional holders are Sylebra Capital Ltd with over 3.23 million shares worth more than $93.51 million. As of Jun 29, 2021, Sylebra Capital Ltd held 2.28% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 3.21 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $92.9 million and represent 2.27% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core MSCI Emerging Markets ETF and iShares MSCI Emerging Markets ETF. As of Aug 30, 2021, the former fund manager holds about 0.47% shares in the company for having 0.67 million shares of worth $9.21 million while later fund manager owns 0.31 million shares of worth $4.24 million as of Aug 30, 2021, which makes it owner of about 0.22% of company’s outstanding stock.