UP Fintech Holding Limited (TIGR): What Does Valuation Ratios Tell Us?

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UP Fintech Holding Limited (NASDAQ:TIGR) saw a downside of -1.48% to $3.99 after subtracting -$0.06 on Wednesday. The 5-day average trading volume is 1,011,556 shares of the company’s common stock. It has gained $4.09 in the past week and touched a new high 4 times within the past 5 days. An average of 2,118,579 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,765,530.

TIGR’s 1-month performance is -20.12% or -$0.94 on its low of $3.20 reached on 01/03/23. The company’s shares have touched a 52-week low of $2.68 and high of $7.07, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, TIGR has achieved 18.77% or $0.57 and has reached a new high 5 times. However, the current price is down -43.56% from the 52-week high price.


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Valuation Metrics

TIGR stock has a beta of 1.34. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.68 while the price-to-book (PB) in the most recent quarter is 1.41.

UP Fintech Holding Limited’s quick ratio for the period ended December 30 was 1.20, with the current ratio over the same period at 1.20. As well, the company’s long term debt to equity for the quarter ending December 30 was 0.35, while the total debt to equity was 0.35. In terms of profitability, the gross margin trailing 12 months is 84.90%. The firm’s gross profit as reported stood at $35.96 million against revenue of $264.49 million.

Earnings Surprise

For the quarterly period ending December 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -9.33% to $14.69 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected TIGR to announce $0.27 per share in earnings in its latest quarter, but it posted -$0.04, representing a -114.80% surprise. EBITDA for the quarter stood at more than $8.12 million.

Let’s look briefly at UP Fintech Holding Limited (TIGR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 46.35% to suggest the stock is trending Neutral, with historical volatility in this time period at 45.76%.

The stock’s 5-day moving average is $3.98, reflecting a +2.84% or $0.11 change from its current price. TIGR is currently trading -19.11% above its 20-day SMA, +5.57% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -4.78% and SMA200 by-19.27%.

Stochastic %K and %D was 82.85% and 79.21% and the average true range (ATR) pointed at 0.23. The RSI (14) points at 45.04%, while the 14-day stochastic is at 76.39% with the period’s ATR at 0.26. The stock’s 9-day MACD Oscillator is pointing at 0.03 and 0.09 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for TIGR stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate TIGR as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 4 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $3.31 and a high of $7.67, with their median price target at $5.32. Looking at these predictions, the average price target given by analysts is for UP Fintech Holding Limited (TIGR) stock is $5.44.

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