TOP Financial Group (NASDAQ:TOP) Stock Price Up 6% – Should You Buy?

by · The Markets Daily

TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) shares traded up 6% on Friday . The stock traded as high as $16.20 and last traded at $16.1190. Approximately 68,727 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 90,593 shares. The stock had previously closed at $15.20.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of TOP Financial Group to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings raised 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, According to data from MarketBeat.com, TOP Financial Group has a consensus rating of “Sell”.

Read Our Latest Report on TOP Financial Group

TOP Financial Group Stock Up 5.6%

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 firm has a market capitalization of $1.95 billion, a PE ratio of -798.00 and a beta of -1.08. The company’s 50 day simple moving average is $12.81 and its 200-day simple moving average is $7.89.

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

TOP Financial Group Company Profile

(Get Free Report)

TOP Financial Group Limited is a financial services company that operates primarily through its subsidiaries in Hong Kong. The company provides online brokerage services that allow customers to trade securities and futures products through its electronic platforms.

Its services include securities and futures brokerage, margin financing, initial public offering subscription services and related investment services. TOP Financial Group has also offered asset management and other financial services intended to support individual and institutional investors, subject to the products and licenses available through its operating subsidiaries.

The company was formerly known as Zhong Yang Financial Group Limited and has roots in Hong Kong’s financial services industry.

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