UP Fintech (TIGR) plans to publish quarterly results on Tuesday

by James · May 22, 2023

UP Fintech (NASDAQ:TIGR – Get Rating) is scheduled to release its quarterly results before the market opens on Tuesday, May 30. People interested in listening to the company’s earnings conference call can do so by using this link.

UP Fintech (NASDAQ:TIGR – Get Rating) last posted its earnings results on Wednesday, March 29th. The company reported $0.01 EPS for the quarter. The company had revenue of $63.85 million during the quarter. UP Fintech had a negative return on equity of 0.35% and a negative net margin of 0.97%.

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UP Fintech stock performance

UP Fintech stock opened at $2.54 on Tuesday. The stock has a market cap of $391.08 million, a P/E ratio of -127.00 and a beta of 1.35. The company has a debt ratio of 1.18, a quick ratio of 1.18 and a debt ratio of 0.35. The stock has a 50-day moving average of $3.02 and a 200-day moving average of $3.84. UP Fintech has a 52-week low of $2.31 and a 52-week high of $5.79.

Analysts set new price targets

Several equity analysts have recently commented on the company. Citigroup decreased their target price on UP Fintech from $7.67 to $6.32 in a research note on Thursday, March 30th. Daiwa Capital Markets cut UP Fintech from a “buy” rating to a “hold” rating in a research note on Friday.

Institutional investors weigh in on UP Fintech

Hedge funds have recently added or reduced their holdings in the stock. American Century Companies Inc. purchased a new stake in UP Fintech in the fourth quarter valued at $123,000. Toroso Investments LLC purchased a new stake in UP Fintech in the fourth quarter valued at $118,000. Renaissance Technologies LLC purchased a new stake in UP Fintech in the third quarter valued at $109,000. Citigroup Inc. lifted its stake in UP Fintech by 342.6% in the fourth quarter. Citigroup Inc. now owns 31,572 shares of the company’s stock valued at $108,000 after buying an additional 24,439 shares during the last quarter. Finally, UBS Group AG lifted its stake in UP Fintech by 419.1% in the first quarter. UBS Group AG now owns 29,924 shares of the company’s stock worth $100,000 after buying an additional 24,159 shares during the last quarter. 4.39% of the share is currently owned by institutional investors.

UP Fintech Company Profile

(Get rating)

UP Fintech Holding Ltd. is a brokerage firm that provides online brokerage services. The company was founded by Tian Hua Wu in 2014 and is headquartered in Singapore.

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