TIGR Stock Summary and Trading Ideas (Up Fintech Holding Limited - American Depositary Shares Representing Fifteen Class A | NASDAQ:TIGR)

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.

Up Fintech Holding Limited - American Depositary Shares Representing Fifteen Class A trades on the NASDAQ stock market under the symbol TIGR.

As of May 10, 2024, TIGR stock price declined to $3.79 with 805,520 million shares trading.

TIGR has a beta of 1.51, meaning it tends to be more sensitive to market movements. TIGR has a correlation of 0.07 to the broad based SPY ETF.

TIGR has a market cap of $615.40 million. This is considered a Small Cap stock.

Last quarter Up Fintech Holding Limited - American Depositary Shares Representing Fifteen Class A reported $70 million in Revenue and $.01 earnings per share. This fell short of revenue expectation by $-137 million and missed earnings estimates by -$.06.

In the last 3 years, TIGR stock traded as high as $29.93 and as low as $2.31.

The top ETF exchange traded funds that TIGR belongs to (by Net Assets): IEMG, PGJ, SPEM, EWX, EMQQ.

TIGR has outperformed the market in the last year with a price return of +31.6% while the SPY ETF gained +27.8%. However, in the short term, TIGR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -0.8% vs +4.2% return in SPY. But in the last 2 weeks, TIGR shares have fared better than the market returning +6.8% compared to SPY +2.5%.

TIGR support price is $3.71 and resistance is $3.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TIGR stock will trade within this expected range on the day.