Top Ships Inc. (NASDAQ:TOPS – Get Free Report)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.76 and traded as low as $0.7050. Top Ships shares last traded at $0.7180, with a volume of 53,993,050 shares changing hands.
Top Ships Stock Down 18.5%
The business has a 50-day moving average of $0.77 and a 200 day moving average of $1.53. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.63 and a quick ratio of 0.61.
Top Ships Company Profile
Top Ships Inc is an international maritime transportation company that owns and operates tanker vessels. Its fleet is used to transport crude oil, refined petroleum products and other liquid energy cargoes for customers in global seaborne trade.
The company’s operations are focused on the tanker segment, with vessels serving commercial routes connecting major energy-producing, refining and consuming regions. Top Ships is based in Greece and operates internationally through the global shipping market.
Top Ships was formerly known as Top Tankers Inc and has been publicly traded on the Nasdaq under the symbol TOPS.
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