TOP Financial Group Limited (NASDAQ:TOP - Get Free Report)'s stock price was down 4.7% during mid-day trading on Tuesday . The stock traded as low as $15.00 and last traded at $15.4710. 17,693 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 87,809 shares. The stock had previously closed at $16.24.
Wall Street Analyst Weigh In
TOP has been the subject of several analyst reports. Wall Street Zen upgraded shares of TOP Financial Group to a "hold" rating in a research note on Saturday, July 25th. Weiss Ratings raised shares of TOP Financial Group from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of "Sell".
View Our Latest Analysis on TOP Financial Group
TOP Financial Group Trading Down 5.5%
The company has a 50-day simple moving average of $10.28 and a two-hundred day simple moving average of $6.61. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.02.
TOP Financial Group (NASDAQ:TOP - Get Free Report) last posted its earnings results on Monday, August 17th. The company reported ($0.02) EPS for the quarter. The company had revenue of $1.08 million during the quarter.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. XTX Topco Ltd acquired a new stake in TOP Financial Group in the fourth quarter worth approximately $35,000. Virtu Financial LLC acquired a new position in shares of TOP Financial Group during the 3rd quarter valued at $42,000. Susquehanna International Group LLP raised its stake in shares of TOP Financial Group by 42.0% in the 3rd quarter. Susquehanna International Group LLP now owns 51,793 shares of the company's stock worth $67,000 after buying an additional 15,330 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of TOP Financial Group in the second quarter valued at $1,035,000. Institutional investors and hedge funds own 0.26% of the company's stock.
About TOP Financial Group
(
Get Free Report)
TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. It is involved in the trading of local and overseas equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services. The company provides a range of futures products, such as index futures, forex futures, agricultural product futures, energy futures, and precious metal futures.
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