Top Ships (NASDAQ:TOPS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Top Ships (NASDAQ:TOPS) in a report published on Thursday. The brokerage issued a hold rating on the shipping company’s stock.

Top Ships Stock Up 9.8 %

TOPS stock opened at $6.73 on Thursday. Top Ships has a one year low of $5.30 and a one year high of $15.91. The firm has a 50-day moving average of $7.14 and a two-hundred day moving average of $8.71. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 1.78.

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.