TOP Financial Group (NASDAQ:TOP) Shares Down 6.7% – Here’s What Happened

Posted by Stanley Muller on Aug 31st, 2026

TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) traded down 6.7% on Monday . The company traded as low as $15.55 and last traded at $15.61. 96,899 shares changed hands during trading, an increase of 8% from the average daily volume of 89,602 shares. The stock had previously closed at $16.73.

Analyst Upgrades and Downgrades

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

Get Our Latest Report on TOP

TOP Financial Group Stock Down 7.1%

The stock’s 50-day moving average price is $10.99 and its two-hundred day moving average price is $6.90. The stock has a market capitalization of $1.89 billion, a P/E ratio of -777.50 and a beta of -1.12. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.02.

TOP Financial Group (NASDAQ:TOP – Get Free Report) last posted its quarterly earnings results on Monday, August 17th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $1.08 million during the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. XTX Topco Ltd purchased a new position in TOP Financial Group in the 4th quarter valued at approximately $35,000. Virtu Financial LLC bought a new position in TOP Financial Group in the 3rd quarter worth about $42,000. Susquehanna International Group LLP grew its stake 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 valued at $67,000 after acquiring an additional 15,330 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in TOP Financial Group during the 2nd quarter worth approximately $1,035,000. 0.26% of the stock is owned by institutional investors.

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.