In the last trading session, 4.28 million UP Fintech Holding Ltd ADR (NASDAQ:TIGR) shares changed hands as the company’s beta touched 0.87. With the company’s per share price at $6.16 changed hands at $0.38 or 6.57% during last session, the market valuation stood at $930.22M. TIGR’s last price was a discount, traded about -135.06% 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 49.68% up since then. When we look at UP Fintech Holding Ltd ADR’s average trading volume, we note the 10-day average is 3.26 million shares, with the 3-month average coming to 8.74 million.
Analysts gave the UP Fintech Holding Ltd ADR (TIGR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. 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. UP Fintech Holding Ltd ADR’s EPS for the current quarter is expected to be 0.11.
UP Fintech Holding Ltd ADR (NASDAQ:TIGR) trade information
Instantly TIGR was in green as seen at the end of in last trading. With action -7.09%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -4.64%, with the 5-day performance at -7.09% in the red. However, in the 30-day time frame, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) is -10.07% down. Looking at the short shares, we see there were 7.18 million shares sold at short interest cover period of 0.92 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5.5, meaning bulls need a downside of -12.0% from its current market value. According to analyst projections, TIGR’s forecast low is 5.5 with 5.5 as the target high. To hit the forecast high, the stock’s price needs a 10.71% surge from its current level, while the stock would need to tank 10.71% for it to hit the projected low.
UP Fintech Holding Ltd ADR (TIGR) estimates and forecasts
Year-over-year growth is forecast to reach 38.24% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 73.6M. The company’s revenue for the corresponding quarters a year ago was 69.98M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.17%.
The 2025 estimates are for UP Fintech Holding Ltd ADR earnings to increase by 22.90%, but the outlook for the next 5-year period is at 40.08% per year.
TIGR Dividends
UP Fintech Holding Ltd ADR is expected to release its next quarterly earnings report in February.
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 Oct 31, 2024 were iShares Core MSCI Emerging Markets ETF and Invesco ETF Tr-Invesco Golden Dragon China ETF . With 1.01 shares estimated at $6.23 million under it, the former controlled 0.56% of total outstanding shares. On the other hand, Invesco ETF Tr-Invesco Golden Dragon China ETF held about 0.07% of the shares, roughly 121.01 shares worth around $0.75 million.
