UP Fintech (NASDAQ:TIGR) Announces Quarterly Earnings Results

UP Fintech (NASDAQ:TIGR) posted its quarterly earnings results on Friday. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03), Zacks reports. The firm had revenue of $87.44 million for the quarter. UP Fintech had a return on equity of 7.64% and a net margin of 12.95%.

UP Fintech Stock Down 6.4 %

NASDAQ TIGR traded down $0.25 during trading on Monday, reaching $3.64. The company’s stock had a trading volume of 1,693,600 shares, compared to its average volume of 975,718. The business has a 50-day moving average price of $4.09 and a 200-day moving average price of $4.01. UP Fintech has a 1-year low of $3.10 and a 1-year high of $5.80. The stock has a market capitalization of $608.39 million, a PE ratio of 15.83 and a beta of 0.91. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.32.

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; and account management services.