Will TIGR go up?
UP Fintech Holding Ltd (NASDAQ:TIGR) The 5 analysts offering 12-month price forecasts for UP Fintech Holding Ltd have a median target of 7.50, with a high estimate of 8.00 and a low estimate of 4.90. The median estimate represents a +115.52% increase from the last price of 3.48.
Is TIGR stock a good buy?
The consensus among 1 Wall Street analyst covering (NASDAQ: TIGR) stock is to Strong Buy TIGR stock.
Why is Tiger broker share dropping?
US-listed brokers Futu Holdings and Tiger Brokers fell sharply in early trading in New York on Thursday after a top Chinese central bank official warned online brokers who offer cross-border trades to mainland investors without a domestic licence are operating illegally.
Is TIGR Stock profitable?
Past Earnings Growth Analysis Earnings Trend: TIGR has become profitable over the past 5 years, growing earnings by 65.3% per year.
Is TIGR undervalued?
Tiger appears to be undervalued and presents an attractive buying opportunity at current depressed price levels. However, the road ahead is riddled with headwinds and uncertainty. If you're looking for some exposure to Chinese companies, Tiger might be a potential play with an attractive risk/reward profile.
Will up FinTech go up?
UP Fintech Holding Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks....Predicted Opening Price for UP Fintech Holding Limited of Monday, May 16, 2022.Fair opening price May 16, 2022Current price$3.45$3.48 (Overvalued)
Is TIGR a Chinese company?
Shares of the China-based online brokerage firm Up Fintech Holding (NASDAQ: TIGR) were trading more than 29% higher as of noon ET Friday after the company reported earnings results for the fourth quarter.
Why is FUTU down so much?
Futu Holdings got off to a hot start in 2021 but finished the year down amid regulatory uncertainty. The SEC is cracking down on foreign companies over auditing requirements. Chinese regulators are cracking down on a number of industries as well, including online brokerages like Futu.
Is Tiger broker a Chinese company?
Where is Tiger Brokers 's headquarters? Tiger Brokers is located in Beijing, Beijing, China .
What does up Fintech holding do?
UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, is a leading online brokerage firm focusing on global investors. Our proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world.
What is Fintech stock?
Types of fintech stocks Fintech is a broad term that refers to any company that applies technology to the world of finance. Many types of companies are under the fintech umbrella. Here are some of the products and services they offer: Payment processing. Online and mobile banking.
How do you buy grab stock?
How to buy shares in Grab HoldingsCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What Kind Of Shareholders Hold The Majority In UP Fintech Holding Limited's (NASDAQ:TIGR) Shares?
TAP Consulting, LLC Buys Vanguard Information Technology ETF, Vanguard Health Care ETF, PayPal ..
If you want to know who really controls UP Fintech Holding Limited ( NASDAQ:TIGR ), then you'll have to look at the...
When will UP Fintech stock be added to MSCI?
Investment company TAP Consulting, LLC (Current Portfolio) buys Vanguard Information Technology ETF, Vanguard Health Care ETF, PayPal Holdings Inc, KKR Inc, Schwab 1-5 Year Corporate Bond ETF, sells Vanguard Materials ETF, Apollo Global Management Inc, Equity Residential, DraftKings Inc, Cambria Cannabis ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, TAP Consulting, LLC..
What happened to Futu Holdings?
UP Fintech Holding Limited ("UP Fintech" or the "Company") (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that the Company's stock will be added to the MSCI China Small Cap Index, effective as of market close on Nov 30, 2021.
Is Ocean Joy Securities a TIGR?
Futu Holdings and Up Fintech fell after a senior official said cross-border online brokerages operating in mainland China were acting illegally.
Is it difficult for Chinese online brokerages to go about their usual business?
BEIJING, Oct. 29, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has completed the acquisition of Ocean Joy Securities Limited, a firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities. With the closing of this acquisition, the Company expects to sta
Is UP Fintech a member of SGX?
Chinese regulators are indicating that new laws may make it difficult for Chinese online brokerages to go about their usual business.
How Is UP Fintech Holding's Growth Trending?
BEIJING, Nov. 05, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that its Singapore subsidiary, Tiger Brokers (Singapore) Pte. Ltd. (“TBSPL”) has officially received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited ("SGX-ST") and Singapore Exchange Derivatives Trading Limited (“SGX-DT") and Clearing Member of The Central De
The Key Takeaway
UP Fintech Holding's P/E ratio would be typical for a company that's expected to deliver very strong growth, and importantly, perform much better than the market.
Discounted cash flow calculation for every stock
A significant share price dive has done very little to deflate UP Fintech Holding's very lofty P/E. We'd say the price-to-earnings ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.
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