Top Ships (NASDAQ:TOPS) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Top Ships (NASDAQ:TOPS) in a research note issued on Tuesday. The brokerage set a “hold” rating on the shipping company’s stock.

Top Ships Trading Down 1.3 %

NASDAQ TOPS opened at $6.13 on Tuesday. The business’s fifty day simple moving average is $7.98 and its 200-day simple moving average is $9.33. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 1.78. Top Ships has a 52 week low of $5.76 and a 52 week high of $17.69.

Top Ships Company Profile

Top Ships Inc owns and operates tanker vessels worldwide. The company’s tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2023, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers.