So Far This Year, TOP Financial Group Limited (TOP) Reached A New High 2 times

At the last check on Friday, TOP Financial Group Limited’s (NASDAQ:TOP) stock was up $1.64, moving up 30.06 percent to $7.10. The average number of shares traded per day over the past five days has been 1,299,237 shares. 2 times new highs have been achieved over the past 5 days, with a $1.08 gain in that time frame. In the last twenty days, the average volume was 627,874, while in the previous 50 days, it was 2,086,672.

Since last month, TOP stock retreated -5.19%. Shares of the company fell to $5.35 on 08/17/23, the lowest level in the past month. A 52-week high of $256.44 was reached on 04/28/23 after having rallying from a 52-week low of $3.50. Since the beginning of this year, TOP’s stock price has risen by 45.52% or $2.23, and marked a new high 9 times. However, the stock has declined by -97.23% since its 52-week high.

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Valuation Metrics

Right now, TOP Financial Group Limited (TOP) has a P/E ratio of about 71.73. The stock’s beta is -1.13. Besides these, the trailing price-to-sales (P/S) ratio of 26.65, the price-to-book (PB) ratio of 6.58.

Financial Health

On the profitability front, the trailing twelve-month gross margin is 70.90% percent. Based on annual data, TOP earned $3.43 million in gross profit and brought in $9.7 million in revenue.

Technical Picture

This quick technical analysis looks at TOP Financial Group Limited’s (TOP) price momentum. With a historical volatility rate of 146.65%, the RSI 9-day stood at 60.72% on 17 August.

With respect to its five-day moving average, the current TOP Financial Group Limited price is up by +17.91% percent or $1.08. At present, TOP shares trade -6.08% below its 20-day simple moving average and +41.63% percent above its 100-day simple moving average. However, the stock is currently trading approximately -11.01% below its SMA50 and +29.51% above its SMA200.

Stochastic coefficient K was 31.27% and Stochastic coefficient D was 14.62%, while ATR was 0.61. Given the Stochastic reading of 82.63% for the 14-day period, the RSI (14) reading has been calculated as 52.28%. As of today, the MACD Oscillator reading stands at -0.05, while the 14-day reading stands at -0.28.

Analyst Ratings

TOP Financial Group Limited (TOP) has been rated – by analysts. According to 0 brokerage firms, TOP is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate TOP Financial Group Limited stock as buy, with 0 recommending it as overweight.

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