Handelsbanken Fonder AB purchased a new position in UP Fintech Holding Limited (NASDAQ:TIGR – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 20,300 shares of the company’s stock, valued at approximately $131,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TIGR. Truist Financial Corp acquired a new stake in UP Fintech during the fourth quarter valued at approximately $116,000. Nkcfo LLC bought a new stake in shares of UP Fintech in the 4th quarter valued at approximately $323,000. Burns Matteson Capital Management LLC acquired a new stake in shares of UP Fintech during the 4th quarter valued at approximately $91,000. Alliance Wealth Advisors LLC UT bought a new position in UP Fintech during the fourth quarter worth $92,000. Finally, Blue Trust Inc. boosted its holdings in UP Fintech by 110.7% in the fourth quarter. Blue Trust Inc. now owns 30,876 shares of the company’s stock worth $199,000 after purchasing an additional 16,219 shares during the period. Hedge funds and other institutional investors own 9.03% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft began coverage on UP Fintech in a report on Thursday, January 2nd. They set a “buy” rating and a $9.40 target price for the company.
UP Fintech Trading Down 4.4 %
Shares of NASDAQ:TIGR opened at $6.92 on Tuesday. The firm has a market cap of $1.28 billion, a P/E ratio of 34.60 and a beta of 0.86. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30. UP Fintech Holding Limited has a twelve month low of $3.10 and a twelve month high of $14.48. The company has a 50 day moving average of $7.10 and a 200-day moving average of $6.26.
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.
See Also
- Five stocks we like better than UP Fintech
- How to start investing in penny stocks
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- How to Calculate Inflation Rate
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding TIGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UP Fintech Holding Limited (NASDAQ:TIGR – Free Report).
Receive News & Ratings for UP Fintech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UP Fintech and related companies with MarketBeat.com's FREE daily email newsletter.
