Promising Chinese Stocks To Follow Now - November 10th

Key Points

• MarketBeat’s screener highlighted Diageo (DEO), UP Fintech (TIGR), and RBB Bancorp (RBB) as Chinese stocks to watch, based on recent dollar trading volume.
• UP Fintech, an online brokerage serving Chinese investors, traded at $3.88, near its 12-month low of $3.61; its shares were below both their 50-day and 200-day moving averages.
• Diageo, a global alcoholic-beverage producer, traded at $101.27, near its one-year high of $102.74. RBB Bancorp, which serves Asian-American communities, traded at $25.96, between its 52-week low of $18.45 and high of $28.24.

Diageo, UP Fintech, and RBB Bancorp are the three Chinese stocks to watch today, according to MarketBeat's stock screener tool. “Chinese stocks” are shares of companies based in or closely tied to China, giving investors an ownership interest in those businesses. They may trade on mainland Chinese exchanges, in Hong Kong, or on overseas markets such as U.S. exchanges. These companies had the highest dollar trading volume of any Chinese stocks within the last several days.

Diageo (DEO)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.

NYSE DEO traded down $0.02 on Tuesday, reaching $101.27. 409,696 shares of the stock were exchanged, compared to its average volume of 1,442,572. Diageo has a one year low of $72.45 and a one year high of $102.74. The company's 50-day simple moving average is $90.17 and its two-hundred day simple moving average is $86.15. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.60 and a quick ratio of 0.62.

Read Our Latest Research Report on DEO

UP Fintech (TIGR)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

NASDAQ:TIGR traded down $0.07 on Tuesday, reaching $3.88. 661,482 shares of the company's stock traded hands, compared to its average volume of 3,078,299. UP Fintech has a 12 month low of $3.61 and a 12 month high of $11.35. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.06. The firm has a market cap of $735.09 million, a PE ratio of 6.58 and a beta of 0.65. The stock has a 50-day simple moving average of $4.44 and a 200-day simple moving average of $5.71.

Read Our Latest Research Report on TIGR

RBB Bancorp (RBB)

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.

Shares of RBB stock traded down $0.09 during mid-day trading on Tuesday, hitting $25.96. The company had a trading volume of 11,532 shares, compared to its average volume of 113,119. RBB Bancorp has a 52-week low of $18.45 and a 52-week high of $28.24. The stock's 50 day moving average price is $26.20 and its 200-day moving average price is $24.53. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $439.24 million, a P/E ratio of 10.06 and a beta of 1.06.

Read Our Latest Research Report on RBB

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