UP Fintech (TIGR) to Release Earnings on Tuesday

UP Fintech (NASDAQ:TIGR) is scheduled to release its earnings data before the market opens on Tuesday, November 12th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

UP Fintech (NASDAQ:TIGR) last announced its quarterly earnings results on Friday, August 30th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). UP Fintech had a net margin of 8.59% and a return on equity of 5.35%. The company had revenue of $87.44 million during the quarter.

UP Fintech Price Performance

TIGR traded up $0.19 on Tuesday, hitting $6.68. 6,510,354 shares of the company were exchanged, compared to its average volume of 4,608,705. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.15 and a current ratio of 1.15. The business’s fifty day moving average is $5.69 and its 200 day moving average is $4.67. UP Fintech has a fifty-two week low of $3.10 and a fifty-two week high of $14.48. The firm has a market capitalization of $1.23 billion, a P/E ratio of 38.18 and a beta of 0.91.

Analyst Ratings Changes

Several analysts have issued reports on TIGR shares. China Renaissance raised shares of UP Fintech from a “hold” rating to a “buy” rating and set a $7.58 price target on the stock in a report on Thursday, October 24th. Citigroup reaffirmed a “sell” rating and issued a $5.50 price target (up previously from $5.00) on shares of UP Fintech in a report on Tuesday, October 22nd.

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.