Estimating Price Trends For UP Fintech Holding Ltd ADR (NASDAQ: TIGR)

UP Fintech Holding Ltd ADR (NASDAQ:TIGR) does about 1.37M shares in volume on a normal day but saw 2760048 shares change hands in Friday’s trading. The company now has a market cap of 714.30M USD. Its current market price is $4.75, marking an increase of 5.91% compared to the previous close of $4.49. The 52 week high reached by this stock is $5.80 whilst the lowest price level in 52 weeks is $2.74.

UP Fintech Holding Ltd ADR (TIGR) has a 20-day trading average at $4.25 and the current price is -18.10% off the 52-week high compared with 73.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.78 and its 200-day simple moving average is $4.25. If we look at the stock’s price movements over the week, volatility stands at 10.05%, which decreases to 6.48% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.54 to suggest the stock is neutral.

The consensus objective for the share price is $5.17, suggesting that the stock has a potential upside of 8.12% over the period.

Daiwa Securities initiated its price target at $6.60.

UP Fintech Holding Ltd ADR (TIGR) stock is up 11.76% over the week and 25.33% over the past month. Its price is 7.47% year-to-date and 51.76% over the past year.

To reach the target analysts have set, the stock logically needs to grow 8.12 percent from here.

The company has a return on investment of 5.55% and return on equity of 7.72%. The price to earnings ratio (P/E ratio) amounts to 20.94 while the forward price to earnings ratio is 14.85. The beta has a value of 0.91. Price to book ratio is 1.49 and price to sales ratio is 2.51.