The stock of UP Fintech Holding Ltd ADR (TIGR) has seen a -6.94% decrease in the past week, with a -9.93% drop in the past month, and a -28.42% decrease in the past quarter. The volatility ratio for the week is 4.81%, and the volatility levels for the past 30 days are at 6.01% for TIGR. The simple moving average for the last 20 days is -9.19% for TIGR’s stock, with a simple moving average of 23.71% for the last 200 days.
Is It Worth Investing in UP Fintech Holding Ltd ADR (NASDAQ: TIGR) Right Now?
UP Fintech Holding Ltd ADR (NASDAQ: TIGR) has a higher price-to-earnings ratio of 32.82x compared to its average ratio, The 36-month beta value for TIGR is at 0.87. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for TIGR is 150.88M, and currently, shorts hold a 4.76% of that float. The average trading volume for TIGR on January 14, 2025 was 8.74M shares.
TIGR) stock’s latest price update
UP Fintech Holding Ltd ADR (NASDAQ: TIGR)’s stock price has soared by 6.75 in relation to previous closing price of 5.78. Nevertheless, the company has seen a loss of -6.94% 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.
Analysts’ Opinion of TIGR
Many brokerage firms have already submitted their reports for TIGR stocks, with Deutsche Bank repeating the rating for TIGR by listing it as a “Buy.” The predicted price for TIGR in the upcoming period, according to Deutsche Bank is $9.40 based on the research report published on January 02, 2025 of the current year 2025.
Citigroup gave a rating of “Sell” to TIGR, setting the target price at $5.50 in the report published on October 23rd of the previous year.
TIGR Trading at -3.85% 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 -57.39% of loss for the given period.
Volatility was left at 6.01%, however, over the last 30 days, the volatility rate increased by 4.81%, as shares sank -12.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.71% lower at present.
During the last 5 trading sessions, TIGR fell by -7.92%, which changed the moving average for the period of 200-days by +77.99% in comparison to the 20-day moving average, which settled at $6.79. In addition, UP Fintech Holding Ltd ADR saw -4.49% in overturn over a single year, with a tendency to cut further losses.
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 2.15. The receivables turnover for the company is 0.1for trailing twelve months and the total asset turnover is 0.05.
Conclusion
In conclusion, UP Fintech Holding Ltd ADR (TIGR) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
