Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, 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. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.
Top Ships Price Performance
Shares of TOPS Stock opened at $0.37 on Thursday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.97. Top Ships has a 12 month low of $0.32 and a 12 month high of $1.65. The company has a 50 day simple moving average of $0.39 and a two-hundred day simple moving average of $0.72.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of Top Ships in a research report on Wednesday. They set a "hold" rating for the company.