TOP Financial Group (NASDAQ:TOP) Stock Price Up 5.8% – Here’s What Happened

TOP Financial Group Limited (NASDAQ:TOP)’s share price traded up 5.8% during trading on Wednesday . The stock traded as high as $1.13 and last traded at $1.10. 64,483 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 316,358 shares. The stock had previously closed at $1.04.

TOP Financial Group Price Performance

The business has a 50 day moving average price of $1.27 and a two-hundred day moving average price of $1.52.

Institutional Investors Weigh In On TOP Financial Group

An institutional investor recently bought a new position in TOP Financial Group stock. Renaissance Technologies LLC purchased a new stake in TOP Financial Group Limited (NASDAQ:TOP) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 21,400 shares of the company’s stock, valued at approximately $33,000. Renaissance Technologies LLC owned about 0.06% of TOP Financial Group as of its most recent filing with the SEC. Hedge funds and other institutional investors 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.