Separately, Maxim Group set a $6.00 price objective on TOP SHIPS and gave the company a buy rating in a report on Wednesday, September 18th.
Shares of NASDAQ TOPS traded down $0.08 during trading hours on Wednesday, reaching $0.84. 935,300 shares of the stock were exchanged, compared to its average volume of 864,682. The company has a debt-to-equity ratio of 2.55, a current ratio of 0.15 and a quick ratio of 0.13. TOP SHIPS has a 52 week low of $0.82 and a 52 week high of $28.00. The stock’s fifty day simple moving average is $2.95 and its 200 day simple moving average is $1.96.
TOP SHIPS Company Profile
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, 2018, it had a fleet of two bareboat chartered-in 50,000 deadweight ton (dwt) product/chemical tankers vessels, the M/T Stenaweco Energy and the M/T Stenaweco Evolution; two 39,000 dwt product/chemical tankers vessels, the M/T Eco Fleet and the M/T Eco Revolution; six 50,000 dwt product/chemical tankers, the M/T Stenaweco Excellence, M/T Nord Valiant, M/T Stenaweco Elegance, the M/T Eco Palm Desert, the M/T Eco California, and the M/T Eco Marina Del Ray; two 50,000 dwt product/chemical tankers, the M/T Eco Holmby Hills and the M/T Palm Springs; and a 157,000 dwt Suezmax vessel M/T Eco Bel Air.
Read More: Sell-Side Analysts
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