Top Ships Stock Today

TOPS Stock  USD 7.85  0.15  1.95%   

Performance

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Odds Of Distress

Over 52

 
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TOP Ships is selling for under 7.85 as of the 25th of November 2024; that is 1.95% up since the beginning of the trading day. The stock's lowest day price was 7.66. TOP Ships has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for TOP Ships are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
23rd of July 2004
The companys medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece. Top Ships operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. The company has 4.63 M outstanding shares of which 90.08 K shares are at this time shorted by private and institutional investors with about 6.59 trading days to cover. More on TOP Ships

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TOP Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOEvangelos Pistiolis
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Jakarta Stock Exchange, NASDAQ Composite Total, Energy, Oil, Gas & Consumable Fuels, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.280.1806
Way Up
Pretty Stable
Gross Profit Margin0.520.5843
Fairly Down
Pretty Stable
Total Current Liabilities39.3 M41.4 M
Notably Down
Pretty Stable
Non Current Liabilities Total159.9 M234.4 M
Way Down
Slightly volatile
Total Assets298.6 M459.2 M
Way Down
Slightly volatile
Total Current Assets51 M38.7 M
Significantly Up
Slightly volatile
Debt Levels
TOP Ships can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TOP Ships' financial leverage. It provides some insight into what part of TOP Ships' total assets is financed by creditors.
Liquidity
TOP Ships currently holds 260.83 M in liabilities with Debt to Equity (D/E) ratio of 1.43, which is about average as compared to similar companies. TOP Ships has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about TOP Ships' use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

0.0
TOP Ships (TOPS) is traded on NASDAQ Exchange in USA. It is located in 1 Vasilisis Sofias & Megalou Alexandrou Str., Marousi, Greece, 15124 and employs 5 people. TOP Ships is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 36.32 M. TOP Ships conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 4.63 M outstanding shares of which 90.08 K shares are at this time shorted by private and institutional investors with about 6.59 trading days to cover. TOP Ships currently holds about 14.27 M in cash with 27.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.05.
Check TOP Ships Probability Of Bankruptcy
Ownership Allocation
The market capitalization of TOP Ships is $36.32 Million. TOP Ships has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.8 % of TOP Ships outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point in time.
Check TOP Ownership Details

TOP Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
16.7 K
Cetera Investment Advisers2024-06-30
14.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
K
Ubs Group Ag2024-06-30
2.2 K
Federation Des Caisses Desjardins Du Quebec2024-06-30
1.4 K
Oarsman Capital, Inc2024-09-30
1000
Tower Research Capital Llc2024-06-30
622
Jpmorgan Chase & Co2024-06-30
138
Advisor Group Holdings, Inc.2024-06-30
4.0
Ncp Inc.2024-09-30
1.0
Northwestern Mutual Wealth Management Co2024-06-30
1.0
View TOP Ships Diagnostics

TOP Ships Historical Income Statement

At this time, TOP Ships' Selling General Administrative is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 6.4 M in 2024, whereas Interest Expense is likely to drop slightly above 12.6 M in 2024. View More Fundamentals

TOP Stock Against Markets

Additional Tools for TOP Stock Analysis

When running TOP Ships' price analysis, check to measure TOP Ships' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.