Top Ships Inc. (NASDAQ:TOPS – Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.52 and traded as low as $5.99. Top Ships shares last traded at $6.13, with a volume of 4,353 shares.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of Top Ships in a report on Tuesday. They issued a “hold” rating for the company.
Read Our Latest Stock Analysis on TOPS
Top Ships Price Performance
Top Ships Company Profile
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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