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

Analysts at StockNews.com started coverage on shares of Top Ships (NASDAQ:TOPS) in a research report issued on Monday. The brokerage set a “hold” rating on the shipping company’s stock.

Top Ships Trading Up 0.7 %

Shares of NASDAQ TOPS opened at $6.48 on Monday. 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 stock’s 50-day moving average is $6.17 and its two-hundred day moving average is $7.17. Top Ships has a 1-year low of $5.30 and a 1-year high of $14.50.

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.