In today’s recent session, 2.62 million shares of the UP Fintech Holding Ltd ADR (NASDAQ:TIGR) have been traded, and its beta is 0.67. Most recently the company’s share price was $9.15, and it changed around $0.32 or 3.59% from the last close, which brings the market valuation of the company to $1.38B. TIGR at last check was trading at a discount to its 52-week high of $14.48, offering almost -58.25% off that amount. The share price’s 52-week low was $3.10, which indicates that the recent value has risen by an impressive 66.12% since then. We note from UP Fintech Holding Ltd ADR’s average daily trading volume that its 10-day average is 9.16 million shares, with the 3-month average coming to 6.93 million.
UP Fintech Holding Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.89. If we narrow it down even further, the data shows that 1 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended TIGR as a Hold, whereas 4 deemed it a Buy, and 1 rated it as Underweight. UP Fintech Holding Ltd ADR is expected to report earnings per share of 0 for the current quarter.
UP Fintech Holding Ltd ADR (NASDAQ:TIGR) trade information
Instantly TIGR has been showing a green trend so far today with a performance of 3.59% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.00 on recent trading dayincreased the stock’s daily price by 8.5%. The company’s shares are currently up 41.60% year-to-date, but still down -5.60% over the last five days. On the other hand, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) is 29.02% up in the 30-day period. We can see from the shorts that 5.16 million shares have been sold at a short interest cover period of 0.57 day(s).
The consensus price target as assigned by Wall Street analysts is $5.5, which translates to bulls needing to decrease their stock price by -66.36% from its current value. Analyst projections state that TIGR is forecast to be at a low of $5.5 and a high of $5.5.
UP Fintech Holding Ltd ADR (TIGR) estimates and forecasts
The year-over-year growth rate is expected to be 20.33%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 112.33M in revenue for the current quarter. 1 analysts expect UP Fintech Holding Ltd ADR to make 101.55M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 78.95M and 87.44M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 42.28%. Forecasts for the next quarter put sales growth at 16.14%.
UP Fintech Holding Ltd ADR earnings are expected to increase by 18.85% in 2025, but the outlook is positive 12.88% per year for the next five years.
UP Fintech Holding Ltd ADR (NASDAQ:TIGR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 16.45% of UP Fintech Holding Ltd ADR shares, and 19.75% of them are in the hands of institutional investors. The stock currently has a share float of 23.63%. UP Fintech Holding Ltd ADR stock is held by 127.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 1.2707% of the shares, which is about 1.98 million shares worth $8.33 million.
D. E. SHAW & CO., INC., with 0.87% or 1.5 million shares worth $6.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core MSCI Emerging Markets ETF and Invesco Golden Dragon China ETF were the top two Mutual Funds as of Jan 31, 2025. The former held 886.75 shares worth $8.14 million, making up 0.49% of all outstanding shares. On the other hand, Invesco Golden Dragon China ETF held roughly 105.92 shares worth around $0.97 million, which represents about 0.06% of the total shares outstanding.
