UP Fintech Holding Limited (NASDAQ:TIGR) announced its wholly-owned US subsidiary, Tiger Fintech Holdings, Inc. (“Tiger Fintech”) has entered into a definitive agreement with all shareholders of Marsco Investment Corporation (“Marsco”), pursuant to which Tiger Fintech agreed to acquire 100% equity stake in Marsco for the total consideration of approximately US$9.4 million in a combination of cash and Class A ordinary shares of UP Fintech, subject to certain price adjustments. The deal is expected to close in the third quarter of 2019, subject to customary closing conditions.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the TIGR is 1.45%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the TIGR is 2.60%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that TIGR. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public.
Institutional ownership is the amount of a UP Fintech Holding Limited (NASDAQ:TIGR)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others.
a Technology sector firm, UP Fintech Holding Limited (NASDAQ:TIGR) stock tanked -1.97% on Monday and when day-trade ended the stock finally concluded at $5.46 and number of shares that changed hands during the day are 3.05 Million. The number of shares TIGR stock currently held by all its shareholders are 125.15 and floated shares, the number of shares are available for trading in an open market on last trading day are 53.91. The average volume of shares for 3 months is 2926.88 and TIGR stock value has moved between $4.07 – 23.74 in last one year.
The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for UP Fintech Holding Limited (NASDAQ:TIGR) is 97.90% and the stock has gained -50.00% in 2019 to date.
U.S. traded shares of UP Fintech Holding Limited (NASDAQ:TIGR)’s monthly stock performance is 15.68%, the quarterly performance is -61.00%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The UP Fintech Holding Limited (NASDAQ:TIGR) weekly volatility is measured as 5.90% and monthly volatility measured as 9.92%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. TIGR most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and TIGR return on investment is 184.50%.
The price to sales ratio is 19.41, and price to book ratio is 3.46, price to cash per share ration is 3.87.
Analysts mean target price for UP Fintech Holding Limited (NASDAQ:TIGR) is $10.70 while analysts mean recommendation is 3.00. The current share price indicates that stock is -77.15% away from its one year high and is moving 33.50% ahead of its 52-week low. TIGR’s distance from 20 day simple moving average is 13.08% and distance from 50-Day simple moving average is -30.76%.