UP Fintech Holding Ltd ADR (NASDAQ: TIGR) has a price-to-earnings ratio that is above its average at 34.58x. The stock has a 36-month beta value of 0.86. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for TIGR is 150.88M, and at present, short sellers hold a 4.74% of that float. On December 30, 2024, the average trading volume of TIGR was 16.79M shares.
TIGR) stock’s latest price update
UP Fintech Holding Ltd ADR (NASDAQ: TIGR)’s stock price has dropped by -5.66 in relation to previous closing price of 6.89. Nevertheless, the company has seen a loss of -8.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that TIGR’s top line rose by +44% YoY in Q3 2024 as its trading volume more than doubled for the recent quarter. UP Fintech’s newly funded accounts jumped by +105% YoY for the third quarter of this year, and TIGR has met its 2024 newly funded accounts target of 150,000 by early November. A Buy rating for TIGR is maintained, as the stock is attractively valued based on the comparison of its P/E metric with its expected bottom-line growth rate.
TIGR’s Market Performance
UP Fintech Holding Ltd ADR (TIGR) has seen a -8.32% fall in stock performance for the week, with a 12.66% gain in the past month and a 21.73% surge in the past quarter. The volatility ratio for the week is 4.01%, and the volatility levels for the past 30 days are at 6.82% for TIGR. The simple moving average for the past 20 days is -5.53% for TIGR’s stock, with a 33.23% simple moving average for the past 200 days.
Analysts’ Opinion of TIGR
Citigroup, on the other hand, stated in their research note that they expect to see TIGR reach a price target of $5.50, previously predicting the price at $5. The rating they have provided for TIGR stocks is “Sell” according to the report published on October 23rd, 2024.
TIGR Trading at 0.59% from the 50-Day Moving Average
After a stumble in the market that brought TIGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.11% of loss for the given period.
Volatility was left at 6.82%, however, over the last 30 days, the volatility rate increased by 4.01%, as shares surge +12.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.31% lower at present.
During the last 5 trading sessions, TIGR fell by -8.16%, which changed the moving average for the period of 200-days by +47.32% in comparison to the 20-day moving average, which settled at $6.88. In addition, UP Fintech Holding Ltd ADR saw 47.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TIGR starting from Dong Ming, who proposed sale 260,000 shares at the price of $5.88 back on Nov 13 ’24. After this action, Dong Ming now owns shares of UP Fintech Holding Ltd ADR, valued at $1,528,800 using the latest closing price.
Fang Lei, the Director of UP Fintech Holding Ltd ADR, proposed sale 200,000 shares at $4.58 during a trade that took place back on Sep 30 ’24, which means that Fang Lei is holding shares at $916,000 based on the most recent closing price.
Stock Fundamentals for TIGR
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.78 for the gross margin
The net margin for UP Fintech Holding Ltd ADR stands at 0.09. The total capital return value is set at 0.15. Equity return is now at value 6.06, with 0.63 for asset returns.
Based on UP Fintech Holding Ltd ADR (TIGR), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 1.73.
Currently, EBITDA for the company is 82.64 million with net debt to EBITDA at -2.38. When we switch over and look at the enterprise to sales, we see a ratio of 2.43. The receivables turnover for the company is 0.1for trailing twelve months and the total asset turnover is 0.05.
Conclusion
To sum up, UP Fintech Holding Ltd ADR (TIGR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
