TOP Financial Group (NASDAQ:TOP) Trading Down 4% – Time to Sell?

TOP Financial Group Limited (NASDAQ:TOPGet Free Report) shares fell 4% during mid-day trading on Wednesday . The company traded as low as $0.88 and last traded at $0.9218. 80,182 shares were traded during mid-day trading, a decline of 16% from the average session volume of 95,172 shares. The stock had previously closed at $0.9601.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TOP Financial Group in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, TOP Financial Group presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on TOP

TOP Financial Group Price Performance

The stock has a 50-day simple moving average of $0.84 and a 200-day simple moving average of $0.98.

Institutional Investors Weigh In On TOP Financial Group

Institutional investors have recently made changes to their positions in the company. XTX Topco Ltd bought a new stake in shares of TOP Financial Group in the 4th quarter valued at approximately $35,000. Virtu Financial LLC bought a new stake in shares of TOP Financial Group in the 3rd quarter valued at approximately $42,000. Finally, Susquehanna International Group LLP increased its holdings 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 acquiring an additional 15,330 shares during the last quarter. 0.26% of the stock is currently 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.

Further Reading

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