Top Ships (NASDAQ:TOPS) Now Covered by StockNews.com

by · The Cerbat Gem

StockNews.com initiated coverage on shares of Top Ships (NASDAQ:TOPS – Free Report) in a research report sent to investors on Friday. The brokerage issued a hold rating on the shipping company’s stock.

Top Ships Stock Performance

Shares of NASDAQ TOPS opened at $7.05 on Friday. 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 company has a 50 day simple moving average of $7.03 and a 200-day simple moving average of $8.52. Top Ships has a 1 year low of $5.30 and a 1 year high of $15.59.

About Top Ships

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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.

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