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

StockNews.com started coverage on shares of Top Ships (NASDAQ:TOPS) in a research report released on Monday. The firm issued a hold rating on the shipping company’s stock.

Top Ships Price Performance

Top Ships stock opened at $6.16 on Monday. Top Ships has a twelve month low of $5.30 and a twelve month high of $14.94. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.63 and a quick ratio of 0.61. The firm has a 50 day moving average price of $6.61 and a 200-day moving average price of $8.00.

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.