UP Fintech Holding Ltd ADR’s recently made public that its Key personnel Dong Ming acquired Company’s shares for reported $1.53 million on Nov 13 ’24. In the deal valued at $5.88 per share,260,000 shares were bought.
Then, Fang Lei bought 200,000 shares, generating $916,000 in total proceeds.
Deutsche Bank initiated its UP Fintech Holding Ltd ADR [TIGR] rating to a Buy in a research note published on January 02, 2025; the price target was $9.40. A number of analysts have revised their coverage, including China Renaissance’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Citigroup also remained covering TIGR and has decreased its forecast on October 23, 2024 with a “Sell” recommendation from previously “Buy” rating. Daiwa Securities revised its rating on September 05, 2023. It rated TIGR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of TIGR
On Tuesday, UP Fintech Holding Ltd ADR [NASDAQ:TIGR] saw its stock fall -3.77% to $6.38. Over the last five days, the stock has lost -2.00%. UP Fintech Holding Ltd ADR shares have fallen nearly -1.24% since the year began. Nevertheless, the stocks have risen 51.18% over the past one year. While a 52-week high of $14.48 was reached on 01/06/25, a 52-week low of $3.10 was recorded on 01/02/25. SMA at 50 days reached $6.45, while 200 days put it at $4.94.
Levels Of Support And Resistance For TIGR Stock
The 24-hour chart illustrates a support level at 6.25, which if violated will result in even more drops to 6.13. On the upside, there is a resistance level at 6.59. A further resistance level may holdings at 6.81. The Relative Strength Index (RSI) on the 14-day chart is 45.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.42%. Stochastics %K at 15.45% indicates the stock is a buying.
How much short interest is there in UP Fintech Holding Ltd ADR?
A steep rise in short interest was recorded in UP Fintech Holding Ltd ADR stocks on 2024-12-13, growing by 0.89 million shares to a total of 7.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.26 million shares. There was a rise of 12.47%, which implies that there is a positive sentiment for the stock.
