In the last trading session, 4.24 million shares of the UP Fintech Holding Ltd ADR (NASDAQ:TIGR) were traded, and its beta was 0.89. Most recently the company’s share price was $5.68, and it changed around $0.17 or 3.09% from the last close, which brings the market valuation of the company to $857.74M. TIGR currently trades at a discount to its 52-week high of $14.48, offering almost -154.93% off that amount. The share price’s 52-week low was $3.10, which indicates that the current value has risen by an impressive 45.42% since then. We note from UP Fintech Holding Ltd ADR’s average daily trading volume that its 10-day average is 10.09 million shares, with the 3-month average coming to 14.02 million.
UP Fintech Holding Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.25. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended TIGR as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. UP Fintech Holding Ltd ADR is expected to report earnings per share of 0.11 for the current quarter.
UP Fintech Holding Ltd ADR (NASDAQ:TIGR) trade information
Instantly TIGR has showed a green trend with a performance of 3.09% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.59 on recent trading dayincreased the stock’s daily price by 13.81%. The company’s shares are currently up 28.51% year-to-date, but still down -8.68% over the last five days. On the other hand, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) is -20.89% down in the 30-day period. We can see from the shorts that 6.07 million shares have been sold at a short interest cover period of 0.19 day(s).
The consensus price target as assigned by Wall Street analysts is $5.6, which translates to bulls needing to decrease their stock price by -1.43% from its current value. Analyst projections state that TIGR is forecast to be at a low of $5.5 and a high of $5.7.
UP Fintech Holding Ltd ADR (TIGR) estimates and forecasts
The year-over-year growth rate is expected to be 0.76%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 73.6M in revenue for the current quarter. 2 analysts expect UP Fintech Holding Ltd ADR to make 369.5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 69.98M and 272.51M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.17%. Forecasts for the next quarter put sales growth at 35.59%.
UP Fintech Holding Ltd ADR earnings are expected to increase by 29.47% in 2024, but the outlook is positive 48.00% per year for the next five years.
TIGR Dividends
UP Fintech Holding Ltd ADR’s next quarterly earnings report is expected to be released in December.
D. E. SHAW & CO., INC., with 0.9632% or 1.5 million shares worth $6.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
