UP Fintech (TIGR) to Release Quarterly Earnings on Tuesday

UP Fintech (NASDAQ:TIGR) is set to announce its earnings results before the market opens on Tuesday, November 12th. Parties interested in participating in the company’s conference call can do so using this link.

UP Fintech (NASDAQ:TIGR) last posted its quarterly earnings results on Friday, August 30th. The company reported $0.02 earnings per share (EPS) 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 Stock Performance

Shares of UP Fintech stock opened at $6.22 on Friday. The business has a 50-day simple moving average of $5.92 and a 200-day simple moving average of $4.74. The company has a market cap of $1.15 billion, a PE ratio of 36.59 and a beta of 0.91. UP Fintech has a one year low of $3.10 and a one year high of $14.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.15 and a current ratio of 1.15.

Analyst Ratings Changes

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

About UP Fintech

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.