Shares of Top Wealth Group Holding Limited (NASDAQ:TWG – Get Free Report) dropped 2.3% on Wednesday . The stock traded as low as $0.4649 and last traded at $0.5095. Approximately 2,925,278 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 4,927,837 shares. The stock had previously closed at $0.5213.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Top Wealth Group in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Top Wealth Group has an average rating of “Sell”.
View Our Latest Analysis on TWG
Top Wealth Group Stock Down 4.4%
Top Wealth Group (NASDAQ:TWG – Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $3.07 million during the quarter.
About Top Wealth Group
Top Wealth Group Holding Limited, through its subsidiaries, provides caviar and caviar-based gourmet products in Hong Kong and internationally. The company also trades in caviars; and offers its products under the Imperial Cristal Caviar brand name. It serves food and beverage related distributors. The company was founded in 2009 and is based in Sai Wan, Hong Kong. Top Wealth Group Holding Limited operates as a subsidiary of Winwin Development Group Limited.
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