TOP Financial Group (NASDAQ:TOP) Trading Down 1.4% – Here’s What Happened

TOP Financial Group Limited (NASDAQ:TOP) traded down 1.4% during mid-day trading on Wednesday . The company traded as low as $1.23 and last traded at $1.30. 63,101 shares traded hands during trading, a decline of 81% from the average session volume of 323,729 shares. The stock had previously closed at $1.32.

TOP Financial Group Trading Down 1.4 %

The business’s fifty day moving average price is $1.37 and its 200-day moving average price is $1.59.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TOP Financial Group stock. Two Sigma Investments LP purchased a new position in shares of TOP Financial Group Limited (NASDAQ:TOP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 53,284 shares of the company’s stock, valued at approximately $82,000. Two Sigma Investments LP owned about 0.14% of TOP Financial Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.26% of the company’s stock.

About TOP Financial Group

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.