|Bid||6.28 x 800|
|Ask||6.38 x 1200|
|Day's Range||6.19 - 6.81|
|52 Week Range||2.03 - 7.60|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||120.00|
|Earnings Date||Aug 18, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.70|
Ladies and gentlemen, thank you for standing by, and welcome to the UP Fintech Holdings Limited third-quarter 2020 earnings conference call. Hello, everyone, and thank you very much for attending our Q3 2020 earnings conference call.
Shares of UP Fintech (NASDAQ: TIGR), a fast-growing China-based online brokerage, took a hit on Wednesday. The stock's decline is unlikely tied to any disappointment in the company's third-quarter financial results, as revenue growth accelerated during the period and adjusted earnings improved.
UP Fintech Holding Limited (with all of its subsidiaries, referred to as "UP Fintech" or the "Company", known as Tiger Brokers in Asia) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, recently announced that it opened its one millionth customer account. Since launching its flagship APP, Tiger Trade, six years ago, the firm has invested heavily in innovation and now enables clients to trade securities across multiple global markets that span the U.S., China, Southeast Asia, and Europe. UP Fintech also reached the million-account milestone faster than any other online brokerage firm focusing on global Chinese investors, attesting to the value the firm delivers to its clients as well as its reputation in the market as a fintech leader.