Stocks of UP Fintech Holding Ltd ADR (NASDAQ:TIGR) traded higher last session on Wall Street, up 5.59% to $7.74.
TIGR stock price is now 17.28% away from the 50-day moving average and 62.19% away from the 200-day moving average. The market capitalization of the company currently stands at $1.17B.
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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. A total of 0.08% of the company’s stock is owned by insiders.
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 $15525800960, which is based on a 41.17 price-to-earnings ratio, a 0.86 price-to-earnings-growth ratio, and a beta of 0.88. The fifty day moving average price for TIGR is $6.6739 and a two-hundred day moving average price translates $4.7542 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.
