TOP Financial Group (NASDAQ:TOP) Stock Price Down 6.2% – Should You Sell?

Posted by Geri Gentry on Aug 14th, 2026

TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) shares traded down 6.2% on Wednesday . The stock traded as low as $11.13 and last traded at $11.30. 51,943 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 87,080 shares. The stock had previously closed at $12.05.

Analysts Set New Price Targets

TOP has been the subject of several research analyst reports. Weiss Ratings raised 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 raised TOP Financial Group to a “hold” rating in a research note on Saturday, July 25th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Check Out Our Latest Analysis on TOP Financial Group

TOP Financial Group Price Performance

The stock has a fifty day simple moving average of $9.23 and a 200-day simple moving average of $6.21. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.54 and a current ratio of 1.54.

TOP Financial Group (NASDAQ:TOP – Get Free Report) last released its quarterly earnings results on Tuesday, July 7th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $0.73 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Susquehanna International Group LLP increased its holdings in TOP Financial Group by 42.0% during the third 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 during the last quarter. XTX Topco Ltd acquired a new stake in shares of TOP Financial Group during the 4th quarter worth about $35,000. Finally, Virtu Financial LLC acquired a new stake in shares of TOP Financial Group during the 3rd quarter worth about $42,000. Institutional investors and hedge funds own 0.26% of the company’s stock.

TOP Financial Group Company Profile

(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.