Wall Street Zen Upgrades TOP Financial Group (NASDAQ:TOP) to Hold

TOP Financial Group (NASDAQ:TOP) was upgraded by investment analysts at Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings raised shares of TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

TOP Financial Group Stock Performance

NASDAQ TOP opened at $2.19 on Friday. TOP Financial Group has a 12 month low of $0.61 and a 12 month high of $3.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a 50 day moving average of $1.51 and a 200-day moving average of $1.13.

TOP Financial Group (NASDAQ:TOP) last issued its earnings results on Tuesday, July 7th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $0.73 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TOP. Susquehanna International Group LLP lifted its holdings in shares of TOP Financial Group by 42.0% during the third quarter. Susquehanna International Group LLP now owns 51,793 shares of the company’s stock worth $67,000 after buying an additional 15,330 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of TOP Financial Group in the third quarter valued at about $42,000. Finally, XTX Topco Ltd bought a new position in TOP Financial Group during the fourth quarter worth about $35,000. Institutional investors own 0.26% of the company’s stock.

TOP Financial Group Company Profile

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.