TOP Financial Group Limited (NASDAQ: TOP) is -55.56% lower on its value in year-to-date trading and has touched a low of $1.39 and a high of $7.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TOP stock was last observed hovering at around $1.43 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $1.68, the stock is -3.00% and -18.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 17.48% at the moment leaves the stock -37.32% off its SMA200. TOP registered -63.08% loss for a year compared to 6-month loss of -39.57%. The firm has a 50-day simple moving average (SMA 50) of $2.04476 and a 200-day simple moving average (SMA200) of $2.667595.
The stock witnessed a -24.66% gain in the last 1 month and extending the period to 3 months gives it a -31.15%, and is 11.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.44% over the week and 8.18% over the month.
TOP Financial Group Limited (TOP) has around 11 employees, a market worth around $62.19M and $8.04M in sales. Current P/E ratio is 51.53. Profit margin for the company is 13.08%. Distance from 52-week low is 20.85% and -78.38% from its 52-week high. The company has generated returns on investments over the last 12 months (2.59%).
The shares outstanding are 37.02M, and float is at 5.17M with Short Float at 4.96%.
The top institutional shareholder in the company is BLACKROCK INC. with over 23622.0 shares valued at $61417.0. The investor’s holdings represent 0.0675 of the TOP Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 22649.0 shares valued at $58887.0 to account for 0.0647 of the shares outstanding. The other top investors are MARSHALL WACE, LLP which holds 20333.0 shares representing 0.0581 and valued at over $52866.0, while UBS GROUP AG holds 0.0443 of the shares totaling 15523.0 with a market value of $40360.0.
