UP Fintech Holding Limited (NASDAQ:TIGR – Get Free Report) was the recipient of some unusual options trading activity on Friday. Traders bought 18,342 call options on the company. This represents an increase of 696% compared to the typical daily volume of 2,304 call options.
Wall Street Analysts Forecast Growth
Separately, Citigroup decreased their price target on UP Fintech from $6.49 to $5.00 and set a “buy” rating for the company in a research note on Tuesday, September 3rd.
View Our Latest Report on TIGR
Institutional Trading of UP Fintech
UP Fintech Stock Performance
Shares of TIGR stock traded down $0.23 on Friday, hitting $4.58. 13,592,085 shares of the stock traded hands, compared to its average volume of 1,079,985. The company has a market capitalization of $718.56 million, a PE ratio of 21.74 and a beta of 0.90. The company’s fifty day moving average is $3.82 and its 200 day moving average is $3.96. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.15 and a quick ratio of 1.15. UP Fintech has a 1-year low of $3.10 and a 1-year high of $5.72.
UP Fintech (NASDAQ:TIGR – Get Free Report) last posted its quarterly earnings results on Friday, August 30th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.03). The business had revenue of $87.44 million during the quarter. UP Fintech had a net margin of 8.59% and a return on equity of 5.35%.
About UP Fintech
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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