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 Saturday morning. The brokerage issued a hold rating on the shipping company’s stock.

Top Ships Stock Up 0.8 %

Top Ships stock opened at $6.02 on Friday. Top Ships has a 52-week low of $5.30 and a 52-week high of $14.50. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.63 and a quick ratio of 0.61. The firm has a 50-day moving average price of $6.30 and a two-hundred day moving average price of $7.29.

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.