Top Wealth Group (NASDAQ:TWG) Shares Up 1.9% – Time to Buy?

Shares of Top Wealth Group Holding Limited (NASDAQ:TWG) traded up 1.9% on Tuesday . The stock traded as high as $5.94 and last traded at $5.85. 60,183 shares traded hands during mid-day trading, an increase of 315% from the average session volume of 14,503 shares. The stock had previously closed at $5.74.

Wall Street Analyst Weigh In

TWG has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of Top Wealth Group from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of Top Wealth Group in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Top Wealth Group Stock Performance

The firm’s 50-day moving average price is $5.90 and its 200 day moving average price is $8.13.

Top Wealth Group (NASDAQ:TWG) last announced its quarterly earnings data on Tuesday, September 30th. The company reported $1.93 earnings per share (EPS) for the quarter. The firm had revenue of $2.08 million for the quarter.

Top Wealth Group Company Profile

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.