For the readers interested in the stock health of UP Fintech Holding Limited (TIGR). It is currently valued at $4.94. When the transactions were called off in the previous session, Stock hit the highs of $5.037, after setting-off with the price of $4.73. Company’s stock value dipped to $4.63 during the trading on the day. When the trading was stopped its value was $4.51.Recently in News on November 23, 2022, UP Fintech posts US$55.41 million for 2022 Q3 revenue. About one-fifth of new customers with deposits are from Australia and New Zealand, indicating growing local recognition. You can read further details here
UP Fintech Holding Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $7.07 on 03/23/22, with the lowest value was $2.68 for the same time period, recorded on 03/15/22.
UP Fintech Holding Limited (TIGR) full year performance was -22.57%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, UP Fintech Holding Limited shares are logging -30.13% during the 52-week period from high price, and 84.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.68 and $7.07.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2113421 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the UP Fintech Holding Limited (TIGR) recorded performance in the market was 0.61%, having the revenues showcasing 28.98% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 834.66M, as it employees total of 1134 workers.
Specialists analysis on UP Fintech Holding Limited (TIGR)
During the last month, 4 analysts gave the UP Fintech Holding Limited a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.82, with a change in the price was noted -0.02. In a similar fashion, UP Fintech Holding Limited posted a movement of -0.40% for the period of last 100 days, recording 1,273,639 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TIGR is recording 0.35 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.35.
Trends and Technical analysis: UP Fintech Holding Limited (TIGR)
Raw Stochastic average of UP Fintech Holding Limited in the period of last 50 days is set at 87.62%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.88%. In the last 20 days, the company’s Stochastic %K was 70.60% and its Stochastic %D was recorded 71.34%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.61%. Additionally, trading for the stock in the period of the last six months notably improved by 39.15%, alongside a downfall of -22.57% for the period of the last 12 months. The shares increased approximately by 3.78% in the 7-day charts and went down by 40.34% in the period of the last 30 days. Common stock shares were driven by 28.98% during last recorded quarter.