Shares of Top Ships Inc. (NASDAQ:TOPS – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.76 and traded as low as $5.75. Top Ships shares last traded at $6.03, with a volume of 18,746 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of Top Ships in a research report on Thursday. They set a “hold” rating for the company.
Check Out Our Latest Stock Report 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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