In yesterday’s Wall Street session, UP Fintech Holding Ltd ADR (NASDAQ:TIGR) shares traded at $5.60, down -4.27% from the previous session.
TIGR stock price is now -11.49% away from the 50-day moving average and 22.74% away from the 200-day moving average. The market capitalization of the company currently stands at $845.66M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On October 23, 2024, Citigroup Downgraded its previous ‘Buy’ rating to ‘Sell’ on the stock increasing its target price from $5 to quote $5.50, while ‘Daiwa Securities’ rates the stock as ‘Buy’
In other news, Dong Ming, Key personnel bought 260,000 shares of the company’s stock on Nov 13 ’24. The stock was bought for $1,528,800 at an average price of $5.88. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 30 ’24, Director Fang Lei bought 200,000 shares of the business’s stock. A total of $916,000 was incurred on buying the stock at an average price of $4.58.
During the past 12 months, UP Fintech Holding Ltd ADR has had a low of $3.10 and a high of $14.48. According to the stock market information, the enterprise value for the company is $11060197376, which is based on a 29.79 price-to-earnings ratio, a 0.62 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for TIGR is $6.2839 and a two-hundred day moving average price translates $4.55335 for the stock.
The latest earnings results from UP Fintech Holding Ltd ADR (NASDAQ: TIGR) was released for 2024-09-30. The net profit margin was 9.14% and return on equity was 6.06% for TIGR. The company reported revenue of $101.05 million for the quarter, compared to $70.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 44.06 percent.
