The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Top Ships Inc’s current trading price is -42.20% away from its 52-week high, while its distance from the 52-week low is 53.87%. The stock’s price range for this period has been between $5.11 and $13.61 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 4.0 million for the day, a number notably higher than the average daily volume of 7890.0 over the last three months.
In terms of market performance, Top Ships Inc had a fairly uneven.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Top Ships Inc (TOPS) has experienced a quarterly rise of 30.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.41M and boasts a workforce of 170 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TOPS stands at 1.84. Similarly, the long-term debt-to-equity ratio is also 1.70.
TOPS Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 30.51% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 3.69%. Over the past 30 days, the price of TOPS has fallen by 36.87%. And in the last five days, it has surged by 46.55%.
