TOP Financial Group (NASDAQ:TOP) Shares Down 1.4% – Here’s Why

TOP Financial Group Limited (NASDAQ:TOP)’s stock price traded down 1.4% during mid-day trading on Wednesday . The stock traded as low as $1.23 and last traded at $1.30. 63,101 shares traded hands during mid-day 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 Up 1.6 %

The stock has a fifty day moving average of $1.37 and a 200 day moving average of $1.59.

Institutional Trading of TOP Financial Group

An institutional investor recently bought a new position in TOP Financial Group stock. Renaissance Technologies LLC bought a new stake in shares of TOP Financial Group Limited (NASDAQ:TOP) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 reporting period. 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.