For the readers interested in the stock health of Top Ships Inc. (TOPS). It is currently valued at $1.65. When the transactions were called off in the previous session, Stock hit the highs of $1.78, after setting-off with the price of $1.45. Company’s stock value dipped to $1.42 during the trading on the day. When the trading was stopped its value was $1.42.
Recently in News on August 25, 2020, Top Ships Inc. Announces Compliance With NASDAQ Minimum Bid Price Requirement. TOP Ships Inc. (Nasdaq:TOPS) (the “Company” or “TOPS”), announced today that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2). You can read further details here
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Top Ships Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.7800 on 01/11/21, with the lowest value was $1.1600 for the same time period, recorded on 01/04/21.
Top Ships Inc. (TOPS) full year performance was -92.75%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Top Ships Inc. shares are logging -93.28% during the 52-week period from high price, and 73.68% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.95 and $24.56.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 11498500 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Top Ships Inc. (TOPS) recorded performance in the market was 36.36%, having the revenues showcasing 32.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 66.23M, as it employees total of 1 workers.
Analysts verdict on Top Ships Inc. (TOPS)
During the last month, 0 analysts gave the Top Ships Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1917, with a change in the price was noted +0.4900. In a similar fashion, Top Ships Inc. posted a movement of +42.24% for the period of last 100 days, recording 4,030,833 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TOPS is recording 2.20 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.07.
Top Ships Inc. (TOPS): Technical Analysis
Raw Stochastic average of Top Ships Inc. in the period of last 50 days is set at 83.33%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.03%. In the last 20 days, the company’s Stochastic %K was 78.38% and its Stochastic %D was recorded 63.39%.
Let’s take a glance in the erstwhile performances of Top Ships Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 36.36%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -37.26%, alongside a downfall of -92.75% for the period of the last 12 months. The shares increased approximately by 34.15% in the 7-day charts and went down by 35.25% in the period of the last 30 days. Common stock shares were driven by 32.00% during last recorded quarter.