Top Win International (NASDAQ:SORA) Shares Break Below Fifty Day Moving Average – Here’s What Happened

Top Win International Ltd (NASDAQ:SORA)’s share price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $2.30 and traded as low as $2.20. Top Win International shares last traded at $2.26, with a volume of 730 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Top Win International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, November 2nd. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has an average rating of “Sell”.

Top Win International Price Performance

The company has a debt-to-equity ratio of 0.67, a current ratio of 17.06 and a quick ratio of 15.10. The business’s 50-day moving average price is $2.30 and its two-hundred day moving average price is $2.20.

Top Win International (NASDAQ:SORA) last issued its quarterly earnings results on Tuesday, October 6th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $3.06 million during the quarter.

Top Win International Company Profile

Top Win International Limited is a Hong Kong-based company focused on the luxury watch business. Through its operating subsidiary, it trades luxury watches and related products. The company’s activities are centered on the Hong Kong market. Top Win International Limited serves as the holding company for its operating business.