TOP Ships stock: buy or sell?
February 27th, 2020
Top Ships Inc. provides seaborne transportation services worldwide. It owns and operates medium range tanker vessels that transport crude oil, petroleum products, and bulk liquid chemicals.
Should I buy TOP Ships stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with TOP Ships stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is TOP Ships stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for TOPS stock for the last 30 days.
TOP Ships stock analysis
TOP Ships collapsed a hair-raising -11.11% and closed at $0.32.
Shares of TOP Ships closed today at $0.32 and collapsed a hair-raising -11.11%.
TOP Ships ended this week at $0.32 and plummed a scary -36.00%. This was the 3rd red week in a row, sliding in full a -55.22%.
After giving up the previous support, we should expect price will slide down to find new supports. Since price and 10-weeks moving average lines crossed down late January, TOPS fell $-0.63 per share (-66.32%).
TOP Ships stock price history
TOP Ships stock went public on July 12th, 2017 with a price of $3,360.001. Since then, TOPS stock declined a -100.00%, with a yearly average of -50.00%.
1: Adjusted price after possible price splits or reverse-splits.
TOP Ships stock historical price chart
TOPS stock reached 52-week highs on March at $19.20, and all-time highs 2017-07-24 with a price of 7920.
TOP Ships stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price forecast for TOP Ships stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on March, TOP Ships . As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, TOP Ships annual turnover raised a decent 4.28% to $41.05 M USD from $39.36 marked in 2017. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) jumped a 6.15% to -27.83%.
|2013||$20 M||-||$1.41 M7.0%||-|
|2014||$3.60 M||-82.05%||$2.90 M80.4%||105.39%|
|2015||$13 M||262.99%||$-17.01 M-130.1%||-687.50%|
|2016||$28 M||117.46%||$1.05 M3.7%||-106.18%|
|2017||$39 M||38.44%||$-13.38 M-34.0%||-1,371.58%|
|2018||$41 M||4.28%||$-11.43 M-27.8%||-14.59%|
Quarterly financial resultsReported quarter earnings marked $0.00 M with a profit margin of . Profit margin stayed steady a 0.00% compared to previous quarter when profit margin was nan%. When comparing revenues to same quarter last year, TOP Ships sales marked a tight move and stayed steady a nan%.
TOP Ships ownershipWhen you are planning to invest in a stock, it's always worth to check its ownership structure.
TOP Ships shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.48% of all shares.
In case of TOP Ships stock, 10.19% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TOPS stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to TOP Ships:
|Market cap||$3.1 M|
|Total shares||9.7 M|
|Float shares||1.1 M|
|- Institutional holdings (%)||10.2%|
|- Insider holdings (%)||1.5%|
|Shares in short selling||0.0%|
TOP Ships summary
|Thursday, February 27th, 2020|
|Day range||$0.30 - $0.34|
|Average true range||$0.07|
|50d mov avg||$0.75|
|100d mov avg||$1.41|
|200d mov avg||$4.75|
TOP Ships performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared TOP Ships against in the following table: