UP Fintech Holding Ltd ADR [NASDAQ: TIGR] surged by $0.51 during the normal trading session on while it closed the day at $8.62.
UP Fintech Holding Ltd ADR stock has also loss -30.43% of its value over the past 7 days. However, TIGR stock has inclined by 84.58% in the 3 months of the year. Over the past six months meanwhile, it has gained 162.01% and gained 95.02% year-on date.
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The market cap for TIGR stock reached $1.31 billion, with 151.50 million shares outstanding and 150.25 million shares in the current float. Compared to the average trading volume of 8.65M shares, TIGR reached a trading volume of 41190602 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about UP Fintech Holding Ltd ADR [TIGR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TIGR shares is $10.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TIGR stock is a recommendation set at 1.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Daiwa Securities have made an estimate for UP Fintech Holding Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 05, 2023. While these analysts kept the previous recommendation, China Renaissance dropped their target price from $38.50 to $3.80. The new note on the price target was released on May 19, 2022, representing the official price target for UP Fintech Holding Ltd ADR stock. Previously, the target price had yet another raise to $6.60, while Daiwa Securities analysts kept a Buy rating on TIGR stock.
The Average True Range (ATR) for UP Fintech Holding Ltd ADR is set at 1.25, with the Price to Sales ratio for TIGR stock in the period of the last 12 months amounting to 4.26. The Price to Book ratio for the last quarter was 2.72, with the Price to Cash per share for the same quarter was set at 3.76.
TIGR stock trade performance evaluation
UP Fintech Holding Ltd ADR [TIGR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -30.43. With this latest performance, TIGR shares gained by 149.86% in over the last four-week period, additionally plugging by 162.01% over the last 6 months – not to mention a rise of 61.12% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TIGR stock in for the last two-week period is set at 61.32, with the RSI for the last a single of trading hit 58.74, and the three-weeks RSI is set at 62.25 for UP Fintech Holding Ltd ADR [TIGR]. The present Moving Average for the last 50 days of trading for this stock 4.76, while it was recorded at 9.22 for the last single week of trading, and 4.20 for the last 200 days.
Earnings per share (EPS) analysis for UP Fintech Holding Ltd ADR [TIGR] stock
With the latest financial reports released by the company, UP Fintech Holding Ltd ADR posted 0.08/share EPS, while the average EPS was predicted by analysts to be reported at 0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TIGR.
UP Fintech Holding Ltd ADR [TIGR]: Institutional Ownership
The top three institutional holders of TIGR stocks are: BLACKROCK INC. with ownership of 1.98 million shares, which is approximately 1.2707%. D. E. SHAW & CO., INC., holding 1.5 million shares of the stock with an approximate value of $$6.32 million in TIGR stocks shares; and D. E. SHAW & CO., INC., currently with $$6.19 million in TIGR stock with ownership which is approximately 0.9431%.
