HRT Financial LP Purchases New Stake in UP Fintech Holding Limited (NASDAQ:TIGR) – Watch List News
A number of other institutional investors have also recently bought and sold shares of TIGR. Citigroup Inc. bought a new position in UP Fintech in the fourth quarter valued at about $3,089,000. Paloma Partners Management Co bought a new position in UP Fintech during the fourth quarter worth about $209,000. Cetera Advisor Networks LLC bought a new position in UP Fintech during the fourth quarter worth about $123,000. Cetera Investment Advisers bought a new position in UP Fintech during the fourth quarter worth about $113,000. Finally, Jane Street Group LLC bought a new position in UP Fintech during the fourth quarter worth about $95,000. Institutional investors and hedge funds own 8.68% of the company’s stock.
Shares of TIGR opened at $20.51 on Monday. UP Fintech Holding Limited has a 1 year low of $4.30 and a 1 year high of $38.50. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.07. The company has a market capitalization of $3.31 billion, a PE ratio of 85.46 and a beta of 1.80. The stock’s 50-day moving average is $22.35.
UP Fintech (NASDAQ:TIGR) last released its quarterly earnings data on Tuesday, May 25th. The company reported $0.16 earnings per share for the quarter. UP Fintech had a return on equity of 15.90% and a net margin of 17.53%. The business had revenue of $81.28 million for the quarter.
Separately, TheStreet cut UP Fintech from a “c-” rating to a “d+” rating in a report on Wednesday, July 7th.
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; and account management services.
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