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TIGR’s Financial Health: Exploring UP Fintech Holding Ltd ADR’s Debt-to-Equity Ratio of 1.79

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UP Fintech Holding Ltd ADR’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $5.80 on 09/06/23, with the lowest value being $2.31 on 05/18/23.

52-week price history of TIGR Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. UP Fintech Holding Ltd ADR’s current trading price is -19.14% away from its 52-week high, while its distance from the 52-week low is 103.03%. The stock’s price range during this period has fluctuated between $2.31 and $5.80. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 1.84 million for the day, which was evidently higher than the average daily volume of 0.83 million over the last three months.

Financial Performance and Market Capitalization

UP Fintech Holding Ltd ADR (TIGR) has experienced a quarterly rise of 8.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 701.62M and boasts a workforce of 1040 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.23, with a change in price of -0.32. Similarly, UP Fintech Holding Ltd ADR recorded 992,486 in trading volume during the last 100 days, posting a change of -6.39%.

TIGR Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TIGR stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.33.

TIGR Stock Stochastic Average

UP Fintech Holding Ltd ADR’s raw stochastic average for the past 50 days is currently at 97.67%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 97.03%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 82.94% and 73.38%, respectively.

TIGR Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 6.11% this year. Over the last six months, there has been a stronger performance of -8.40%. The price of TIGR fallen by 22.77% during the last 30 days period. For the last 5-days stocks have improved 14.67%.