UP Fintech Holding Ltd ADR (NASDAQ:TIGR) Stock Jumped 61.54% Year-To-Date, What Analysts Expect Next?

In last trading session, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) saw 14.5 million shares changing hands with its beta currently measuring 0.92. Company’s recent per share price level of $7.14 trading at $0.09 or 1.28% at ring of the bell on the day assigns it a market valuation of $1.08B. That closing price of TIGR’s stock is at a discount of -102.8% from its 52-week high price of $14.48 and is indicating a premium of 56.58% from its 52-week low price of $3.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 55.25 million shares which gives us an average trading volume of 10.01 million if we extend that period to 3-months.

For UP Fintech Holding Ltd ADR (TIGR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.75. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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UP Fintech Holding Ltd ADR (NASDAQ:TIGR) trade information

Upright in the green during last session for gaining 1.28%, in the last five days TIGR remained trading in the red while hitting it’s week-highest on Friday, 10/11/24 when the stock touched $7.14 price level, adding 25.78% to its value on the day. UP Fintech Holding Ltd ADR’s shares saw a change of 61.54% in year-to-date performance and have moved -13.77% in past 5-day. UP Fintech Holding Ltd ADR (NASDAQ:TIGR) showed a performance of 101.13% in past 30-days. Number of shares sold short was 4.02 million shares which calculate 1.39 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.7 to the stock, which implies a fall of -25.26% to its current value. Analysts have been projecting 5.7 as a low price target for the stock while placing it at a high target of 5.7. It follows that stock’s current price would jump 20.17% in reaching the projected high whereas dropping to the targeted low would mean a gain of 20.17% for stock’s current value.

UP Fintech Holding Ltd ADR (NASDAQ:TIGR)’s Major holders

BLACKROCK INC. is the top institutional holder at TIGR for having 1.98 million shares of worth $8.33 million. And as of 2024-06-30, it was holding 1.2707 of the company’s outstanding shares.

The second largest institutional holder is D. E. SHAW & CO., INC., which was holding about 1.5 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9632 of outstanding shares, having a total worth of $6.32 million.

On the other hand, iShares Core MSCI Emerging Markets ETF and SPDR Portfolio Emerging Markets ETF are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 1.01 shares of worth $7.19 million or 0.64% of the total outstanding shares. The later fund manager was in possession of 109.43 shares on Aug 31, 2024 , making its stake of worth around $0.78 million in the company or a holder of 0.07% of company’s stock.