UP Fintech Holding Ltd ADR (NASDAQ:TIGR) Shares Plunges -4.69% In A Week – But Can It Keep Rising?

NOVA

In last trading session, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) saw 3.21 million shares changing hands with its beta currently measuring 0.75. Company’s recent per share price level of $7.31 trading at $0.24 or 3.39% at ring of the bell on the day assigns it a market valuation of $1.10B. That closing price of TIGR’s stock is at a discount of -98.08% from its 52-week high price of $14.48 and is indicating a premium of 57.59% 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 5.23 million shares which gives us an average trading volume of 6.41 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 2.00. 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.

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

Upright in the green during last session for gaining 3.39%, in the last five days TIGR remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $7.31 price level, adding 6.28% to its value on the day. UP Fintech Holding Ltd ADR’s shares saw a change of 13.16% in year-to-date performance and have moved -4.69% in past 5-day. UP Fintech Holding Ltd ADR (NASDAQ:TIGR) showed a performance of -4.82% in past 30-days. Number of shares sold short was 5.16 million shares which calculate 0.57 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.5 to the stock, which implies a fall of -32.91% to its current value. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 5.5. It follows that stock’s current price would jump 24.76% in reaching the projected high whereas dropping to the targeted low would mean a gain of 24.76% for stock’s current value.

In 2025, company’s earnings growth rate is likely to be around 26.49% while estimates for its earnings growth in next 5 years are of 22.67%.

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

Insiders are in possession of 15.65% of company’s total shares while institution are holding 18.79 percent of that, with stock having share float percentage of 22.28%. Investors also watch the number of corporate investors in a company very closely, which is 18.79% institutions for UP Fintech Holding Ltd ADR that are currently holding shares of the company. 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 Nov 30, 2024 , the former fund manager was holding 1.02 shares of worth $7.43 million or 0.56% of the total outstanding shares. The later fund manager was in possession of 114.65 shares on Dec 31, 2024 , making its stake of worth around $0.84 million in the company or a holder of 0.06% of company’s stock.