TOP Financial Group (NASDAQ:TOP) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $14.63 and traded as low as $14.12. TOP Financial Group shares last traded at $14.61, with a volume of 94,256 shares changing hands.

Analysts Set New Price Targets

A number of analysts recently issued reports on TOP shares. Wall Street Zen upgraded shares of TOP Financial Group to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings downgraded TOP Financial Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, November 2nd. 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”.

Check Out Our Latest Analysis on TOP

TOP Financial Group Price Performance

The firm’s 50 day moving average price is $14.63 and its two-hundred day moving average price is $8.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.20 and a quick ratio of 3.20. The stock has a market cap of $1.78 billion, a PE ratio of -730.50 and a beta of -0.82.

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

TOP Financial Group Company Profile

(Get Free Report)

TOP Financial Group Limited is a financial services holding company that provides online brokerage services through its subsidiaries. Its offerings include securities brokerage and futures brokerage, serving individual and institutional clients. The company’s operations are based in Hong Kong, where its subsidiaries are licensed to provide financial services. Its trading services cover securities and futures markets, including markets in Hong Kong and the United States. Previously known as Zhong Yang Financial Group Limited, the company adopted the TOP Financial Group name in 2022.

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