UP Fintech (TIGR) will announce quarterly results on Wednesday
UP Fintech (NASDAQ:TIGR – Get Rating ) is scheduled to release its quarterly earnings data before the market opens on Wednesday, September 7. Parties interested in joining the Company’s conference call may do so by using this link.
UP Fintech (NASDAQ:TIGR – Get Rating) last posted its earnings results on Friday, May 10. June. The company reported ($0.04) EPS for the quarter. The business had a turnover of 52.63 million dollars during the quarter. UP Fintech had a negative net margin of 5.19% and a negative return on equity of 3.66%.
UP Fintech stock performance
NASDAQ:TIGR opened at $3.58 on Wednesday. The firm has a market cap of $590.02 million, a PE ratio of -35.80 and a beta of 1.07. The company’s fifty day moving average price is $4.08 and its 200 day moving average price is $4.26. The company has a gearing ratio of 0.34, a gearing ratio of 1.18 and a quick ratio of 1.18. UP Fintech has a 12 month low of $2.68 and a 12 month high of $15.80.
Hedge funds weigh in on UP Fintech
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Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in shares of UP Fintech by 2.8% during the first quarter. BlackRock Inc. now owns 1,881,275 shares of the company’s stock worth $9,218,000 after purchasing an additional 51,577 shares during the last quarter. State Street Corp boosted its holdings in shares of UP Fintech by 8.2% during the second quarter. State Street Corp now owns 668,565 shares of the company’s stock worth $3,149,000 after purchasing an additional 50,819 shares during the last quarter. Credit Suisse AG boosted its holdings in shares of UP Fintech by 5.6% during the second quarter. Credit Suisse AG now owns 217,808 shares of the company’s stock worth $1,025,000 after buying an additional 11,645 shares during the last quarter. Invesco Ltd. grew its holdings in UP Fintech by 63.6% during the first quarter. Invesco Ltd. now owns 144,835 shares of the company’s stock worth $710,000 after buying an additional 56,290 shares during the last quarter. Finally, Penserra Capital Management LLC boosted its holdings in shares of UP Fintech by 21.3% during the first quarter. Penserra Capital Management LLC now owns 128,714 shares of the company’s stock worth $630,000 after buying an additional 22,564 shares during the last quarter. Hedge funds and other institutional investors own 4.63% of the company’s shares.
Analysts set new price targets
Several equities analysts recently commented on the company. Daiwa Capital Markets boosted their target price on UP Fintech from $5.40 to $5.70 and gave the company a “buy” rating in a report on Monday, June 13th. TheStreet lowered UP Fintech from a “c-” rating to a “d+” rating in a report on Monday, July 11th.
UP Fintech Company Profile
(Get rating)
UP Fintech Holding Limited offers online brokerage services with a focus on Chinese investors. The company has developed a brokerage platform that allows investors to trade shares, options, warrants and other financial instruments that can be accessed via the APP and website. It offers brokerage and value-added services, including investor education, community engagement and IR platform; and account management services.
Further reading
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