China Renaissance lifts UP Fintech Holding Ltd ADR [TIGR] price estimate. Who else is bullish?

UP Fintech Holding Ltd ADR [NASDAQ: TIGR] gained 0.15% or 0.01 points to close at $6.49 with a heavy trading volume of 7814524 shares.

The daily chart for TIGR points out that the company has recorded 63.48% gains over the past six months.

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If we look at the average trading volume of 12.63M shares, TIGR reached to a volume of 7814524 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $11.77 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 2.25. 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.

China Renaissance 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 October 24, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $5 to $5.50. The new note on the price target was released on October 23, 2024, representing the official price target for UP Fintech Holding Ltd ADR stock. On May 19, 2022, analysts decreased their price target for TIGR shares from 38.50 to 3.80.

The Average True Range (ATR) for UP Fintech Holding Ltd ADR is set at 0.74, with the Price to Sales ratio for TIGR stock in the period of the last 12 months amounting to 3.21. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 14.99.

Trading performance analysis for TIGR stock

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 -3.28. With this latest performance, TIGR shares dropped by -47.62% in over the last four-week period, additionally plugging by 63.48% over the last 6 months – not to mention a rise of 42.64% 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 49.29, with the RSI for the last a single of trading hit 46.31, and the three-weeks RSI is set at 51.33 for UP Fintech Holding Ltd ADR [TIGR]. The present Moving Average for the last 50 days of trading for this stock 5.69, while it was recorded at 6.42 for the last single week of trading, and 4.41 for the last 200 days.

UP Fintech Holding Ltd ADR [TIGR]: An earnings per share (EPS) analysis

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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for UP Fintech Holding Ltd ADR go to 49.00%.

An analysis of Institutional ownership at UP Fintech Holding Ltd ADR [TIGR]

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%.