Top Ships (NASDAQ:TOPS) Research Coverage Started at StockNews.com

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

Top Ships Price Performance

Shares of TOPS stock opened at $6.12 on Wednesday. Top Ships has a one year low of $5.30 and a one year high of $16.23. 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 price is $7.41 and its 200-day moving average price is $8.93.

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.