Top Ships (NASDAQ:TOPS) Now Covered by Analysts at StockNews.com

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

Top Ships Stock Performance

Shares of TOPS opened at $5.60 on Tuesday. The company’s fifty day moving average is $7.84 and its 200-day moving average is $9.25. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.61 and a current ratio of 0.63. Top Ships has a 12 month low of $5.50 and a 12 month high of $17.69.

About Top Ships

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.