TOP Financial Group (NASDAQ:TOP) Shares Down 10.6% – What’s Next?

TOP Financial Group Limited (NASDAQ:TOP)’s stock price traded down 10.6% during trading on Thursday. The company traded as low as $13.59 and last traded at $13.3840. 232,561 shares changed hands during trading, an increase of 150% from the average daily volume of 93,074 shares. The stock had previously closed at $14.97.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TOP shares. Wall Street Zen raised shares of TOP Financial Group to a “hold” rating in a research report on Saturday, July 25th. 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. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, TOP Financial Group currently has an average rating of “Sell”.

TOP Financial Group Price Performance

The company has a market cap of $1.63 billion, a PE ratio of -661.75 and a beta of -0.98. The business has a 50 day moving average of $14.44 and a 200 day moving average of $9.30. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.65 and a quick ratio of 2.65.

TOP Financial Group (NASDAQ:TOP) last issued its quarterly earnings data on Monday, August 17th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $1.08 million for the quarter.

TOP Financial Group Company Profile

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.