TOP Financial Group (NASDAQ:TOP) Shares Climb 5.4% – What’s Next?

TOP Financial Group Limited (NASDAQ:TOP) shares rose 5.4% during trading on Friday. The company traded as high as $13.80 and last traded at $14.0120. 30,513 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 93,894 shares. The stock had previously closed at $13.29.

Analysts Set New Price Targets

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

TOP Financial Group Stock Performance

The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1.67 billion, a P/E ratio of -687.25 and a beta of -0.98. The stock has a fifty day simple moving average of $14.49 and a 200-day simple moving average of $9.37.

TOP Financial Group (NASDAQ:TOP) last issued its earnings results on Monday, August 17th. The company reported ($0.02) EPS 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.