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

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

TOP Financial Group Stock Down 1.4 %

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

Institutional Investors Weigh In On TOP Financial Group

A hedge fund recently bought a new stake in TOP Financial Group stock. Renaissance Technologies LLC purchased a new position in TOP Financial Group Limited (NASDAQ:TOP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,400 shares of the company’s stock, valued at approximately $33,000. Renaissance Technologies LLC owned 0.06% of TOP Financial Group at the end of the most recent quarter. 0.26% of the stock is owned by institutional investors and hedge funds.

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.