During the last session, UP Fintech Holding Ltd ADR (NASDAQ:TIGR)’s traded shares were 4.88 million, with the beta value of the company hitting 0.93. At the end of the trading day, the stock’s price was $6.36, reflecting an intraday gain of 0.32% or $0.02. The 52-week high for the TIGR share is $14.48, that puts it down -127.67 from that peak though still a striking 51.26% gain since the share price plummeted to a 52-week low of $3.10. The company’s market capitalization is $963.54M, and the average intraday trading volume over the past 10 days was 14.48 million shares, and the average trade volume was 12.49 million shares over the past three months.
UP Fintech Holding Ltd ADR (TIGR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.25. TIGR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.13.
UP Fintech Holding Ltd ADR (NASDAQ:TIGR) trade information
UP Fintech Holding Ltd ADR (TIGR) registered a 0.32% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.32% in intraday trading to $6.36, hitting a weekly high. The stock’s 5-day price performance is 3.58%, and it has moved by -21.09% in 30 days. Based on these gigs, the overall price performance for the year is 39.47%. The short interest in UP Fintech Holding Ltd ADR (NASDAQ:TIGR) is 7.59 million shares and it means that shorts have 0.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $5.6, which implies a decrease of -13.57% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $5.7 respectively. As a result, TIGR is trading at a premium of 10.38% off the target high and 13.52% off the low.
UP Fintech Holding Ltd ADR (TIGR) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 62.50% this quarter and then jump 1,000.00% in the quarter after that. In the rating firms’ projections, revenue will increase 32.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 98M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 97M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 70.15M and 69.98M respectively. In this case, analysts expect current quarter sales to grow by 39.70% and then jump by 38.60% in the coming quarter.
While earnings are projected to return 22.43% in 2024, the next five years will return 49.00% per annum.
TIGR Dividends
UP Fintech Holding Ltd ADR is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 1.5 million shares, is of D. E. SHAW & CO., INC.’s that is approximately 0.9632% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.32 million.
