TOP Financial Group (NASDAQ:TOP) Stock Falls 10.6% – Should You Sell?

TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) traded down 10.6% on Thursday. The company traded as low as $13.59 and last traded at $13.3840. 232,561 shares were traded during mid-day trading, an increase of 150% from the average daily volume of 93,074 shares. The stock had previously closed at $14.97.

Analyst Ratings Changes

Several research analysts recently issued reports on TOP shares. Wall Street Zen raised shares of TOP Financial Group to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings raised TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, TOP Financial Group currently has a consensus rating of “Sell”.

Read Our Latest Analysis on TOP Financial Group

TOP Financial Group Stock Up 1.0%

The business has a 50-day simple moving average of $14.53 and a two-hundred day simple moving average of $9.40. The stock has a market capitalization of $1.63 billion, a P/E ratio of -671.00 and a beta of -0.98. 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 released its quarterly earnings data on Monday, August 17th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $1.08 million during the quarter.

TOP Financial Group Company Profile

(Get Free Report)

TOP Financial Group Limited is a financial services holding company that provides online brokerage and related services through its operating subsidiaries, primarily in Hong Kong. The company’s platform is designed to give clients access to securities and futures markets through electronic trading systems.

Its services include securities brokerage, futures brokerage, margin financing, and related investment services. TOP Financial Group serves individual and institutional customers, with offerings that may include trading in Hong Kong-listed securities and other market products.

Further Reading

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