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Is Up Fintech Holding Ltd (TIGR) Stock About to Get Hot Friday?

Friday, September 30, 2022 01:19 PM | InvestorsObserver Analysts

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Is Up Fintech Holding Ltd (TIGR) Stock About to Get Hot Friday?

The market has been down on Up Fintech Holding Ltd (TIGR) stock recently. TIGR gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Up Fintech Holding Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TIGR!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With TIGR Stock Today?

Up Fintech Holding Ltd (TIGR) stock has risen 1.83% while the S&P 500 is lower by -0.07% as of 1:02 PM on Friday, Sep 30. TIGR has risen $0.06 from the previous closing price of $3.28 on volume of 305,839 shares. Over the past year the S&P 500 is down -16.55% while TIGR is lower by -67.73%. TIGR earned $0.05 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 71.03. To see InvestorsObserver's Sentiment Score for Up Fintech Holding Ltd click here.

More About Up Fintech Holding Ltd

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Click Here to get the full Stock Report for Up Fintech Holding Ltd stock.

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