Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
UP Fintech Holding Limited (NASDAQ:TIGR – Get Rating) saw some unusual options trading activity on Friday. Traders purchased 19,245 call options on the company. This represents an increase of approximately 207% compared to the typical volume of 6,270 call options.
UP Fintech Stock Performance
Shares of UP Fintech stock opened at $3.41 on Friday. The firm has a 50 day simple moving average of $4.63 and a 200 day simple moving average of $4.12. UP Fintech has a fifty-two week low of $2.68 and a fifty-two week high of $7.07. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.22 and a quick ratio of 1.21. The firm has a market cap of $562.00 million, a P/E ratio of -48.71 and a beta of 1.20.
UP Fintech (NASDAQ:TIGR – Get Rating) last released its earnings results on Wednesday, November 23rd. The company reported $0.02 earnings per share for the quarter. The company had revenue of $55.41 million during the quarter. UP Fintech had a negative return on equity of 1.89% and a negative net margin of 3.94%.
Analysts Set New Price Targets
Separately, DBS Vickers started coverage on UP Fintech in a report on Monday, October 24th. They set a “buy” rating on the stock.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Profund Advisors LLC raised its stake in shares of UP Fintech by 7.0% during the second quarter. Profund Advisors LLC now owns 112,607 shares of the company’s stock worth $530,000 after buying an additional 7,400 shares during the last quarter. Sculptor Capital LP acquired a new position in shares of UP Fintech in the 2nd quarter valued at $938,000. Baader Bank Aktiengesellschaft bought a new position in shares of UP Fintech in the 2nd quarter worth $94,000. Vontobel Holding Ltd. acquired a new stake in shares of UP Fintech during the second quarter worth $57,000. Finally, Veriti Management LLC acquired a new position in UP Fintech in the second quarter valued at about $329,000. 4.39% of the stock is currently owned by institutional investors and hedge funds.
UP Fintech Company Profile
(Get Rating)
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform; and account management services.
Further Reading
- Get a free copy of the StockNews.com research report on UP Fintech (TIGR)
- MarketBeat: Week in Review 12/26 – 12/30
- The Dogs Of Tech: It’s Time For A Bite Of These Stocks
- Does This Acquisition Make Microsoft a Bear Market Buy?
- Is Kintara Therapeutics A Hidden Gem?
- Should You Warm up to Generac Stock for the Winter?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider UP Fintech, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and UP Fintech wasn’t on the list.
While UP Fintech currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising.
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2023. All rights reserved.
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
