Top Ships (NASDAQ:TOPS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Top Ships (NASDAQ:TOPS) in a research note issued to investors on Tuesday morning. The firm issued a hold rating on the shipping company’s stock.

Top Ships Stock Performance

NASDAQ TOPS opened at $5.96 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 1.78. The firm’s 50 day simple moving average is $6.43 and its 200 day simple moving average is $7.83. Top Ships has a 1 year low of $5.30 and a 1 year high of $14.94.

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.