TOP Financial Group (NASDAQ:TOP) Sees Strong Trading Volume – Here’s Why

Shares of TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) saw unusually-strong trading volume on Monday. 210,526 shares were traded during mid-day trading, an increase of 131% from the previous session’s volume of 91,074 shares. The stock last traded at $15.2550 and had previously closed at $14.92.

Analysts Set New Price Targets

TOP has been the topic of several research reports. Weiss Ratings upgraded shares of TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 16th. Wall Street Zen upgraded shares of TOP Financial Group to a “hold” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.

Get Our Latest Report on TOP Financial Group

TOP Financial Group Price Performance

The firm has a market capitalization of $1.84 billion, a PE ratio of -755.75 and a beta of -0.98. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.65 and a quick ratio of 2.65. The firm has a 50-day simple moving average of $14.17 and a 200-day simple moving average of $9.07.

TOP Financial Group (NASDAQ:TOP – Get Free Report) last released its quarterly earnings results 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.

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