UP Fintech Holding Limited (NASDAQ:TIGR – Get Free Report) reached a new 52-week low during trading on Thursday. The company traded as low as $3.75 and last traded at $3.8150, with a volume of 1,123,539 shares changing hands. The stock had previously closed at $3.95.
Key Headlines Impacting UP Fintech
Here are the key news stories impacting UP Fintech this week:
- Neutral Sentiment: Several law firms are publicizing the same lawsuit and December 28, 2026 lead-plaintiff deadline; the notices are not new court rulings. Rosen Law Firm notice
- Negative Sentiment: The lawsuit alleges UP Fintech misled investors who bought shares from April 22, 2024, through June 2, 2026. One shareholder notice says the allegations concern disclosures about China licensing risks and roughly $59.7 million in CSRC sanctions. The claims remain allegations, but the litigation could add uncertainty and weigh on sentiment. Shareholder alert details
Analysts Set New Price Targets
TIGR has been the topic of several research reports. Jefferies Financial Group restated a “buy” rating and issued a $7.70 price target on shares of UP Fintech in a research report on Thursday, August 27th. Weiss Ratings cut shares of UP Fintech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 23rd. Zacks Research raised shares of UP Fintech to a “hold” rating in a report on Monday, September 14th. Finally, Wall Street Zen upgraded UP Fintech from a “sell” rating to a “hold” rating in a research report on Saturday, August 29th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $6.51.
Read Our Latest Research Report on UP Fintech
UP Fintech Stock Performance
The firm has a market cap of $739.83 million, a PE ratio of 6.61 and a beta of 0.65. The business has a 50 day simple moving average of $4.46 and a two-hundred day simple moving average of $5.73. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.06.
UP Fintech (NASDAQ:TIGR – Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02. UP Fintech had a net margin of 16.22% and a return on equity of 13.11%. The firm had revenue of $182.27 million during the quarter, compared to the consensus estimate of $153.93 million. As a group, equities research analysts forecast that UP Fintech Holding Limited will post 0.42 earnings per share for the current fiscal year.
Institutional Trading of UP Fintech
Hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC purchased a new position in UP Fintech during the 1st quarter valued at about $67,000. AXQ Capital LP purchased a new stake in UP Fintech during the second quarter worth $72,000. Castleview Partners LLC bought a new stake in UP Fintech during the 1st quarter valued at $74,000. Public Employees Retirement System of Ohio bought a new stake in UP Fintech during the 2nd quarter valued at $76,000. Finally, Ascent Group LLC bought a new stake in UP Fintech during the 3rd quarter valued at $110,000. 9.03% of the stock is owned by hedge funds and other institutional investors.
UP Fintech Company Profile
UP Fintech Holding Limited, operating under the Tiger Brokers brand, is a technology-driven online brokerage serving investors in China and other international markets. The company provides digital investment and trading services through its Tiger Trade platform, which is designed to give individual investors access to global financial markets.
Its services include brokerage accounts, trading in stocks, exchange-traded funds, options and futures, as well as market data, research tools and other investment-related services.
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