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 report released on Thursday. The firm issued a hold rating on the shipping company’s stock.

Top Ships Price Performance

Shares of Top Ships stock opened at $6.13 on Thursday. Top Ships has a 1 year low of $5.30 and a 1 year high of $15.91. 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 moving average is $7.18 and its two-hundred day moving average is $8.75.

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.