TOP Financial Group (NASDAQ:TOP) Trading Down 4.1% – Should You Sell?

Shares of TOP Financial Group Limited (NASDAQ:TOP) fell 4.1% on Tuesday . The stock traded as low as $1.31 and last traded at $1.34. 60,834 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 89,064 shares. The stock had previously closed at $1.40.

TOP Financial Group Price Performance

The firm’s fifty day moving average is $1.44 and its two-hundred day moving average is $1.69.

Institutional Investors Weigh In On TOP Financial Group

An institutional investor recently bought a new position in TOP Financial Group stock. Two Sigma Investments LP acquired a new position in TOP Financial Group Limited (NASDAQ:TOP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,284 shares of the company’s stock, valued at approximately $82,000. Two Sigma Investments LP owned 0.14% of TOP Financial Group as of its most recent SEC filing. Institutional investors and hedge funds 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.