UP Fintech Holding Limited (NASDAQ:TIGR – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as $3.75 and last traded at $3.8150, with a volume of 1,123,539 shares trading hands. The stock had previously closed at $3.95.
Key Stories Impacting UP Fintech
Here are the key news stories impacting UP Fintech this week:
- Negative Sentiment: Multiple law firms publicized a securities class action covering investors who bought TIGR shares from April 22, 2024, through June 2, 2026. The lawsuit alleges the company made misleading statements or failed to disclose important information; allegations have not been proven. Investors have until December 28, 2026, to seek appointment as lead plaintiff. Howard G. Smith class action notice
- Negative Sentiment: The claims focus on whether UP Fintech adequately disclosed risks tied to its China licensing and business activities. One notice says the company faced approximately RMB 411.2 million (about $59.7 million) in Chinese regulatory penalties and confiscations, while alleging that relevant conduct was already underway despite disclosures warning that penalties might result from licensing failures. This could sustain concerns about regulatory exposure, disclosure practices, and potential legal costs. SueWallSt shareholder alert
- Neutral Sentiment: A Zacks article raised the question of whether TIGR is undervalued, but the supplied summary provides no specific valuation conclusion or fresh estimate revisions to counter the litigation concerns. Zacks valuation article
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a $7.70 target price on shares of UP Fintech in a research note on Thursday, August 27th. Wall Street Zen raised shares of UP Fintech from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings cut shares of UP Fintech from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Finally, Zacks Research raised shares of UP Fintech to a “hold” rating in a research report on Monday, September 14th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $6.51.
Read Our Latest Research Report on TIGR
UP Fintech Price Performance
The stock has a market cap of $697.15 million, a price-to-earnings ratio of 6.23 and a beta of 0.65. The company has a 50 day simple moving average of $4.52 and a 200-day simple moving average of $5.79. The company has a current ratio of 1.10, a quick 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 data on Thursday, August 27th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. The company had revenue of $182.27 million during the quarter, compared to analysts’ expectations of $153.93 million. UP Fintech had a return on equity of 13.11% and a net margin of 16.22%. Research analysts expect that UP Fintech Holding Limited will post 0.42 EPS for the current year.
Hedge Funds Weigh In On UP Fintech
A number of large investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC acquired a new stake in shares of UP Fintech in the third quarter valued at approximately $192,000. Ascent Group LLC bought a new stake in shares of UP Fintech in the third quarter worth $110,000. Profund Advisors LLC boosted its holdings in UP Fintech by 5.4% during the third quarter. Profund Advisors LLC now owns 70,111 shares of the company’s stock worth $322,000 after purchasing an additional 3,592 shares during the last quarter. IPG Investment Advisors LLC boosted its holdings in UP Fintech by 66.4% during the second quarter. IPG Investment Advisors LLC now owns 26,370 shares of the company’s stock worth $116,000 after purchasing an additional 10,520 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new position in UP Fintech in the second quarter valued at $136,000. Institutional investors and hedge funds own 9.03% of the company’s stock.
About UP Fintech
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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