Top Ships Inc. [TOPS] Revenue clocked in at $68.90 million, up 99.17% YTD: What’s Next?

Top Ships Inc. [NASDAQ: TOPS] closed the trading session at $2.41 on 03/11/21. The day’s price range saw the stock hit a low of $2.38, while the highest price level was $2.65. The company report on August 25, 2020 that Top Ships Inc. Announces Compliance With NASDAQ Minimum Bid Price Requirement.

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TOP Ships Inc. (Nasdaq:TOPS) (the “Company” or “TOPS”), announced 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).

About TOP Ships Inc.TOPS is an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products.Cautionary Note Regarding Forward-Looking Statements.

The stocks have a year to date performance of 99.17 percent and weekly performance of 15.87 percent. The stock has been moved at 115.18 percent over the last six months. The stock has performed -12.04 percent around the most recent 30 days and changed 75.91 percent over the most recent 3-months.

If compared to the average trading volume of 5.99M shares, TOPS reached to a volume of 4329179 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Top Ships Inc. [TOPS]:

Maxim Group have made an estimate for Top Ships Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 13, 2020. The new note on the price target was released on April 22, 2019, representing the official price target for Top Ships Inc. stock.

The Average True Range (ATR) for Top Ships Inc. is set at 0.35, with the Price to Sales ratio for TOPS stock in the period of the last 12 months amounting to 1.42. The Price to Book ratio for the last quarter was 0.01, with the Price to Cash per share for the same quarter was set at 0.14.

TOPS stock trade performance evaluation

Top Ships Inc. [TOPS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.87. With this latest performance, TOPS shares dropped by -12.04% in over the last four-week period, additionally plugging by 115.18% over the last 6 months – not to mention a drop of -52.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TOPS stock in for the last two-week period is set at 51.53, with the RSI for the last a single of trading hit 50.77, and the three-weeks RSI is set at 52.81 for Top Ships Inc. [TOPS]. The present Moving Average for the last 50 days of trading for this stock 2.09, while it was recorded at 2.28 for the last single week of trading, and 1.95 for the last 200 days.

Top Ships Inc. [TOPS]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Top Ships Inc. [TOPS] shares currently have an operating margin of +24.58 and a Gross Margin at +41.49. Top Ships Inc.’s Net Margin is presently recorded at -22.35.

Return on Total Capital for TOPS is now 4.93, given the latest momentum, and Return on Invested Capital for the company is -5.01. Return on Equity for this stock declined to -14.07, with Return on Assets sitting at -4.20. When it comes to the capital structure of this company, Top Ships Inc. [TOPS] has a Total Debt to Total Equity ratio set at 292.19. Additionally, TOPS Total Debt to Total Capital is recorded at 74.50, with Total Debt to Total Assets ending up at 69.46. Long-Term Debt to Equity for the company is recorded at 298.98, with the Long-Term Debt to Total Capital now at 63.20.

Reflecting on the efficiency of the workforce at the company, Top Ships Inc. [TOPS] managed to generate an average of -$54,918 per employee. Receivables Turnover for the company is 69.93 with a Total Asset Turnover recorded at a value of 0.19.Top Ships Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.

Top Ships Inc. [TOPS]: Insider Ownership positions

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Positions in Top Ships Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 6 institutional holders increased their position in Top Ships Inc. [NASDAQ:TOPS] by around 131,810 shares. Additionally, 4 investors decreased positions by around 189,239 shares, while 1 investors held positions by with 127,485 shares. The mentioned changes placed institutional holdings at 193,564 shares, according to the latest SEC report filing. TOPS stock had 5 new institutional investments in for a total of 64,258 shares, while 2 institutional investors sold positions of 35,000 shares during the same period.

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