UP Fintech Holding Limited (NASDAQ:TIGRGet Rating) was up 13.8% on Tuesday . The company traded as high as $4.61 and last traded at $4.61. Approximately 145,294 shares changed hands during trading, a decline of 95% from the average daily volume of 2,915,324 shares. The stock had previously closed at $4.05.

A number of equities research analysts have weighed in on TIGR shares. Daiwa Capital Markets raised their price objective on UP Fintech from $5.40 to $5.70 and gave the company a “buy” rating in a research note on Monday, June 13th. TheStreet upgraded UP Fintech from a “d” rating to a “c-” rating in a research note on Monday, May 16th.

The firm has a market cap of $759.77 million, a P/E ratio of -44.50 and a beta of 1.52. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a fifty day moving average of $4.06 and a 200-day moving average of $4.47.

UP Fintech (NASDAQ:TIGRGet Rating) last announced its quarterly earnings results on Friday, March 18th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $62.20 million during the quarter. UP Fintech had a negative return on equity of 3.66% and a negative net margin of 5.19%.

Institutional investors have recently made changes to their positions in the business. Profund Advisors LLC bought a new stake in shares of UP Fintech in the 4th quarter worth $354,000. Squarepoint Ops LLC grew its holdings in shares of UP Fintech by 299.7% in the 3rd quarter. Squarepoint Ops LLC now owns 263,591 shares of the company’s stock worth $2,791,000 after acquiring an additional 197,640 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of UP Fintech by 12.9% in the 4th quarter. BNP Paribas Arbitrage SA now owns 303,934 shares of the company’s stock worth $1,492,000 after acquiring an additional 34,677 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of UP Fintech by 41.4% during the fourth quarter. Bank of America Corp DE now owns 2,243,059 shares of the company’s stock valued at $11,014,000 after buying an additional 656,305 shares in the last quarter. Finally, Two Sigma Advisers LP grew its holdings in shares of UP Fintech by 594.4% during the third quarter. Two Sigma Advisers LP now owns 1,133,200 shares of the company’s stock valued at $12,001,000 after buying an additional 970,000 shares in the last quarter. 12.44% of the stock is currently owned by hedge funds and other institutional investors.

UP Fintech Company Profile (NASDAQ: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; and account management services.

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