TOP Ships stock: buy or sell?
November 15th, 2019
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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with TOP Ships stock situation right now, hence 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 published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for TOPS stock for the last month.
TOP Ships stock analysis
TOP Ships closed yesterday at $0.84 and collapsed a scary -9.68%.
TOP Ships shares collapsed -9.68% to $0.84 yesterday.
Shares of TOP Ships plunged a spooky -20.75% this week. Late October TOPS climbed an exceptional 6.48% in just one week.
Since mid November 2018, when TOPS stock price broke down the 20-weeks moving avarage line, it slid $-25.16 per share (-96.77%).
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 at $33.40, and all-time highs 2017-07-24 with a price of 7920.
TOP Ships stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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 found any price forecast for TOP Ships stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince March, when TOP Ships posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, TOP Ships annual sales raised a good 4.28% to $41.05 million USD from $39.36 marked in 2017. Likewise, its income margin (compared to revenues) soared to -27.83%, that is $-11.43 million.
|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 income marked $0.00 million with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was nan%. When comparing turnover to same quarter last year, TOP Ships sales marked a neutral movement and remained steady a nan%.
TOP Ships ownershipWhen you are planning to buy shares of a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For TOP Ships, 0.44% of all outstanding shares are owned by its staff.
In case of TOP Ships stock, 0.88% 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.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$3.8 M|
|Total shares||4.5 M|
|Float shares||1.5 M|
|- Institutional holdings (%)||0.9%|
|- Insider holdings (%)||0.4%|
|Shares in short selling||0.0%|
TOP Ships summary
|Friday, November 15th, 2019|
|Day range||$0.82 - $0.93|
|Average true range||$0.31|
|50d mov avg||$3.23|
|100d mov avg||$5.64|
|200d mov avg||$10.03|
TOP Ships performanceTo better understand TOP Ships performance you must compare its gains with other related stocks in same sector or industry. For TOP Ships, the benchmark is made against .