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

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

Top Ships Stock Performance

NASDAQ:TOPS opened at $5.97 on Thursday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.61 and a current ratio of 0.63. The firm’s 50-day moving average is $6.34 and its 200-day moving average is $7.58. Top Ships has a 52-week low of $5.30 and a 52-week high of $14.69.

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.