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

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

Top Ships Price Performance

Shares of Top Ships stock opened at $6.12 on Thursday. The company has a 50-day moving average of $6.33 and a two-hundred day moving average of $7.59. Top Ships has a 12-month low of $5.30 and a 12-month high of $14.69. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 1.78.

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.