UP Fintech Holding Ltd ADR (NASDAQ: TIGR) Is A Risk Capital Investor’s Play

In the latest trading session, 3.17 million UP Fintech Holding Ltd ADR (NASDAQ:TIGR) shares changed hands as the company’s beta touched 0.88. With the company’s most recent per share price at $6.22 changing hands around $0.32 or 5.43% at last look, the market valuation stands at $939.30M. TIGR’s current price is a discount, trading about -132.8% off its 52-week high of $14.48. The share price had its 52-week low at $3.10, which suggests the last value was 50.16% up since then. When we look at UP Fintech Holding Ltd ADR’s average trading volume, we note the 10-day average is 3.46 million shares, with the 3-month average coming to 14.74 million.

Analysts gave the UP Fintech Holding Ltd ADR (TIGR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.25. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended TIGR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.

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

Instantly TIGR is in green as seen in intraday trades today. With action 10.48%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 40.73%, with the 5-day performance at 10.48% in the green. However, in the 30-day time frame, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) is -4.01% down. Looking at the short shares, we see there were 6.26 million shares sold at short interest cover period of 0.5 days.

The consensus price target for the stock as assigned by Wall Street analysts is 5.6, meaning bulls need a downside of -11.07% from its recent market value. According to analyst projections, TIGR’s forecast low is 5.5 with 5.7 as the target high. To hit the forecast high, the stock’s price needs a 8.36% surge from its current level, while the stock would need to tank 11.58% for it to hit the projected low.

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

D. E. SHAW & CO., INC. holds the second largest percentage of outstanding shares, with 0.9632% or 1.5 million shares worth $6.32 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were iShares Core MSCI Emerging Markets ETF and SPDR Portfolio Emerging Markets ETF. With 1.01 shares estimated at $6.24 million under it, the former controlled 0.62% of total outstanding shares. On the other hand, SPDR Portfolio Emerging Markets ETF held about 0.07% of the shares, roughly 109.43 shares worth around $0.68 million.