Investors Are Waking Up To UP Fintech Holding Ltd ADR (NASDAQ: TIGR) After Rising 28.51% Over The Past 12 Months

UP Fintech Holding Ltd ADR (NASDAQ:TIGR) currently has a daily average trading volume of 14.41M but it saw 3744414 shares traded in last market. With a market cap of 871.33M USD, the company’s current market price of $5.77 came rising about 4.91 while comparing to the previous closing price of $5.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.48 and as low as $3.10. In the recent trading on the day, stock has struck highest price mark of $5.69 while lowest mark touched by it was $5.92.

Taking a look at 20-day trading activity of UP Fintech Holding Ltd ADR (TIGR) gives us an average price of $6.04, while its current price level is -60.15% below from 52-week high level whereas it is 86.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.50 while that of 200 days or SMA-200 reads an average of $4.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.53% during that period while stretching the period over a month that increases to 5.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.09 which implies that the stock is in neutral territory.

Citigroup downgraded its recommendation for the stock as a “Sell” from “Buy” on October 23, 2024 while assigning a price target range of $5-$5.50.

Over the week, TIGR’s stock price is moving -1.37% down while it is -10.40% when we observe its performance for the past one month. Year-to-date it is 30.54% up and over the past year, the stock is showing an upside performance of 28.51%.

Currently, UP Fintech Holding Ltd ADR’s total number of outstanding shares is 151.01M. Company’s return on investment (ROI) stands at 4.38% and return on equity (ROE) at 6.06%. It has a price to earnings ratio (P/E ratio) of 30.69 while having a 12.68 of forward P/E ratio. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 1.69 while price to sale or P/S ratio amounts to 2.58. Its return on asset (ROA) is 0.63% on average.