StockNews.com Begins Coverage on Top Ships (NASDAQ:TOPS)

Equities researchers at StockNews.com assumed coverage on shares of Top Ships (NASDAQ:TOPS) in a note issued to investors on Sunday. The firm set a “hold” rating on the shipping company’s stock.

Top Ships Price Performance

Shares of NASDAQ:TOPS opened at $6.13 on Friday. The firm’s 50-day moving average is $6.22 and its two-hundred day moving average is $7.24. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 1.78. Top Ships has a 1 year low of $5.30 and a 1 year high of $14.50.

Top Ships Company Profile

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.