After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for UP Fintech Holding Ltd ADR (TIGR) shows that investor sentiment remained same, with the stock’s consolidated last price to $4.63. The UP Fintech Holding Ltd ADR has recorded 3,828 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that UP Fintech reports two-year high 2023 Q2 results.
TIGR belongs to the Financial sector of the NASDAQ while operating in the Capital Markets industry. At the end of the last regular session, the stock closed at $4.63 and fluctuated between $4.8650 as its day high and $4.6300 as its day low. The current market capitalization of UP Fintech Holding Ltd ADR is $690.75M. A total of 0.88 million shares were traded on the day, compared to an average of 1.64M shares.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for TIGR in the last 3 months, the mean price target is $6.07 with high estimates of $7.37 and low estimates of $4.98. In terms of 52-week highs and lows, TIGR has a high of $5.80 and a low of $2.31.
As of this writing, TIGR has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.04 per share and a lower estimate of $0.04. The company reported an EPS of $0.05 in the last quarter, which was 66.70% higher than expectations of $0.03.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. TIGR’s latest balance sheet shows that the firm has $276.01M in Cash & Short Term Investments as of fiscal 2021. There were $154.54M in debt and $2.72B in liabilities at the time. Its Book Value Per Share was $3.00, while its Total Shareholder’s Equity was $446.63M.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TIGR is Buy with a score of 4.50.