TOP Financial Group (NASDAQ:TOP) Sees Strong Trading Volume – Time to Buy?

TOP Financial Group Limited (NASDAQ:TOP) saw an uptick in trading volume on Monday. 162,708 shares changed hands during mid-day trading, an increase of 72% from the previous session’s volume of 94,410 shares. The stock last traded at $13.8530 and had previously closed at $13.42.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TOP shares. Weiss Ratings raised TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 16th. Wall Street Zen raised TOP Financial Group to a “hold” rating in a research note on Saturday, July 25th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

TOP Financial Group Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.65 and a current ratio of 2.65. The business’s 50-day moving average is $14.53 and its 200-day moving average is $9.44. The company has a market capitalization of $1.69 billion, a PE ratio of -697.95 and a beta of -0.98.

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

About TOP Financial Group

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.