UP Fintech Holding Limited (NASDAQ:TIGR - Get Free Report) saw an uptick in trading volume on Thursday . 665,398 shares traded hands during trading, a decline of 32% from the previous session's volume of 982,007 shares.The stock last traded at $3.87 and had previously closed at $3.67.
Analysts Set New Price Targets
Separately, Citigroup reduced their price target on UP Fintech from $8.01 to $6.22 and set a "buy" rating on the stock in a research note on Thursday, March 21st.
Read Our Latest Report on TIGR
UP Fintech Trading Up 9.7 %
The firm has a market capitalization of $627.56 million, a price-to-earnings ratio of 20.10 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.20 and a current ratio of 1.20. The business has a fifty day moving average price of $3.73 and a 200 day moving average price of $4.08.
UP Fintech (NASDAQ:TIGR - Get Free Report) last released its quarterly earnings data on Wednesday, March 20th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $69.98 million for the quarter. UP Fintech had a return on equity of 6.88% and a net margin of 11.95%.
Institutional Trading of UP Fintech
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Asset Management One Co. Ltd. increased its holdings in shares of UP Fintech by 32.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 14,028 shares of the company's stock worth $61,000 after buying an additional 3,446 shares during the last quarter. GAMMA Investing LLC increased its holdings in UP Fintech by 308.9% in the 1st quarter. GAMMA Investing LLC now owns 7,683 shares of the company's stock valued at $26,000 after purchasing an additional 5,804 shares in the last quarter. Castleview Partners LLC acquired a new stake in UP Fintech in the 3rd quarter valued at $40,000. Pathstone Family Office LLC acquired a new stake in UP Fintech in the 3rd quarter valued at $64,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in UP Fintech in the 3rd quarter valued at $101,000. 9.03% of the stock is currently owned by institutional investors and hedge funds.
About UP Fintech
(
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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; and account management services.
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