Citigroup restated their sell rating on shares of UP Fintech (NASDAQ:TIGR – Free Report) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. Citigroup currently has a $5.50 target price on the stock, up from their previous target price of $5.00.
UP Fintech Trading Up 1.5 %
Shares of TIGR opened at $6.14 on Tuesday. UP Fintech has a 1-year low of $3.10 and a 1-year high of $14.48. The company has a 50-day moving average of $5.34 and a 200 day moving average of $4.50. The firm has a market capitalization of $963.30 million, a price-to-earnings ratio of 36.12 and a beta of 0.93. 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 (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). UP Fintech had a net margin of 8.59% and a return on equity of 5.35%. The business had revenue of $87.44 million during the quarter.
Institutional Trading of UP Fintech
UP Fintech Company Profile
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 services.
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