How Have UP Fintech Holding Limited (TIGR) Insiders Been Trading?

UP Fintech Holding Limited (NASDAQ:TIGR) trading with a subtraction of -$2.28 to $8.10 on Thursday, a downside of -21.92 percent. An average of 9,436,586 shares of common stock have been traded in the last five days. There was a fall of -$2.45 in the past week, and it reached a new high 32 times over the past 12 months. The last 20 days have seen an average of 7,480,151 shares traded, while the 50-day average volume stands at 8,093,599.

TIGR stock has decreased by -22.60% in the last month. The company shares reached their 1-month lowest point of $7.88 on 10/14/21. With the stock rallying to its 52-week high on 02/19/21, shares of the company touched a low of $4.30 and a high of $38.50 in 52 weeks. It has reached a new high 20 times so far this year and achieved 30.73% or $0.30 in price. In spite of this, the price is down -78.95% from the 52-week high.


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Valuation Metrics

UP Fintech Holding Limited (TIGR) has a trailing price-to-earnings (P/E) ratio of 134.81, which compares with the 25.70 for the broader industry and 12.86 for the sector. In the last five years, UP Fintech Holding Limited’s PE ratio has ranged between 353.36 and 57.49. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.92, the price-to-book (PB) ratio at 3.59.

The quick ratio of UP Fintech Holding Limited for the three months ended June 29 was 1.10, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.41 and a total debt to equity ratio of 0.41 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 82.20% against a 5-year average of -19.6%. Its gross profit as reported stood at $31.14 million compared to revenue of $138.5 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, UP Fintech Holding Limited’s return on assets was 0.30%. For the broader industry, ROE averaged 13.50 over the past year.

Earnings Surprise

In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $16.06 million in the quarter, while revenues were grew 105.35%. The analyst consensus anticipated UP Fintech Holding Limited’s latest quarter earnings to come in at $0.09 per share, but it turned out to be -$0.15, a -266.70% surprise. For the quarter, EBITDA amounted to -$2.28 million. At the end of the quarter ending June 29, UP Fintech Holding Limited’s stock balance sheet showed total debt was $175.08 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at UP Fintech Holding Limited (TIGR) price momentum. RSI 9-day as of the close on 13 October was 21.61%, suggesting the stock is oversold, with historical volatility in this time frame at 125.74%.

As of today, TIGR’s price is $10.03 -22.90% or -$2.45 from its 5-day moving average. TIGR is currently trading -36.26% lower than its 20-day SMA and -51.92% lower than its 100-day SMA. However, the stock’s current price level is -51.09% below the SMA50 and +13.05% above the SMA200.

The stochastic %K and %D were 19.12% and 24.27%, respectively, and the average true range (ATR) was 0.95. With the 14-day stochastic at 9.77% and the average true range at 0.98, the RSI (14) stands at 26.50%. The stock has reached -0.48 on the 9-day MACD Oscillator while the 14-day reading was at -0.71.

Analyst Ratings

Goldman launched coverage on UP Fintech Holding Limited (NASDAQ: TIGR) in its analyst report released on July 14, 2021. The firm assigned the stock a a Sell rating.The consensus rating for UP Fintech Holding Limited (TIGR) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell TIGR, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 7 others rate it as a “buy”.

What is TIGR’s price target for the next 12 months?

Analysts predict a range of price targets between $15.29 and $38.67, with a median target of $21.06. Taking a look at these predictions, the average price target given by analysts for UP Fintech Holding Limited (TIGR) stock is $24.92.

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