UP Fintech Holding Ltd ADR (NASDAQ:TIGR) shares, rose in value on Friday, April 26, with the stock price up by 7.34% to the previous day’s close as strong demand from buyers drove the stock to $3.51.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.27. The PE ratio was 17.46 over 12-month period. Referring to stock’s 52-week performance, its high was $5.80, and the low was $2.31. On the whole, TIGR has fluctuated by 2.33% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TIGR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of TIGR currently trading nearly 5.87% and -6.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.19, while the 7-day volatility ratio is showing 3.48% which for the 30-day chart, stands at 3.30%. Furthermore, UP Fintech Holding Ltd ADR (TIGR)’s beta value is 1.21, and its average true range (ATR) is 0.16.
A comparison of UP Fintech Holding Ltd ADR (TIGR) with its peers suggests the former has fared considerably weaker in the market. TIGR showed an intraday change of 7.34% in today’s session so far, and over the past year, it grew by 23.16%%.
Data on historical trading for UP Fintech Holding Ltd ADR (NASDAQ:TIGR) indicates that the trading volumes over the past 3 months, they’ve averaged 975.11K. According to company’s latest data on outstanding shares, there are 149.50 million shares outstanding.
UP Fintech Holding Ltd ADR’s shares belong to company insiders and institutional investors own 10.91% of the company’s shares. The stock has fallen by -20.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TIGR stock heading into the next quarter.
