TOP Financial Group (NASDAQ:TOP) Posts Earnings Results

TOP Financial Group (NASDAQ:TOPGet Free Report) issued its earnings results on Monday. The company reported ($0.02) earnings per share for the quarter, Zacks reports.

TOP Financial Group Stock Performance

NASDAQ TOP opened at $11.37 on Tuesday. The company has a fifty day moving average of $9.47 and a two-hundred day moving average of $6.30. TOP Financial Group has a 1 year low of $3.06 and a 1 year high of $16.65. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.54 and a current ratio of 1.54.

Institutional Trading of TOP Financial Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Susquehanna International Group LLP boosted its position 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 valued at $67,000 after purchasing an additional 15,330 shares during the period. Virtu Financial LLC purchased a new position in TOP Financial Group during the 3rd quarter worth approximately $42,000. Finally, XTX Topco Ltd acquired a new position in TOP Financial Group during the fourth quarter worth approximately $35,000. 0.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TOP has been the subject of a number of research analyst reports. Weiss Ratings raised TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 16th. Wall Street Zen raised shares of TOP Financial Group to a “hold” rating in a report on Saturday, July 25th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Check Out Our Latest Analysis on TOP Financial Group

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.

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