TOP Ships stock: buy or sell?

TOPS stock price: $0.84 -9.68% At close on November 15th, 2019

Updated on:
November 15th, 2019

0

Shares of TOP Ships collapsed a scary -9.68% and closed at $0.84.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

TOP Ships closed yesterday at $0.84 and collapsed a scary -9.68%.

TOP Ships shares collapsed -9.68% to $0.84 yesterday.

TOPS stock chart (daily)

Weekly outlook

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%).

TOPS stock chart (weekly)

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 target

Predicting 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 Share

Since March, when TOP Ships posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
TOPS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q42017-04-25n/an/an/a
2017-Q12017-07-04n/an/an/a
2017-Q2-n/an/an/a
2017-Q42018-03-13n/an/an/a
2018-Q12018-07-06n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q42019-03-08n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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.

TOPS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$20 M-$1.41 M7.0%-
2014$3.60 M-82.05%$2.90 M80.4%105.39%
2015$13 M262.99%$-17.01 M-130.1%-687.50%
2016$28 M117.46%$1.05 M3.7%-106.18%
2017$39 M38.44%$-13.38 M-34.0%-1,371.58%
2018$41 M4.28%$-11.43 M-27.8%-14.59%

Quarterly financial results

Reported 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%.
TOPS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

TOP Ships ownership

When 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:

TOPS
Market cap$3.8 M
Total shares4.5 M
Float shares1.5 M
  - Institutional holdings (%)0.9%
  - Insider holdings (%)0.4%
Shares in short selling0.0%

TOP Ships summary

Friday, November 15th, 2019
Open$0.93
Close$0.84
Day range$0.82 - $0.93
Previous close$0.93
Session gain-9.68%
Average true range$0.31
50d mov avg$3.23
100d mov avg$5.64
200d mov avg$10.03
Daily pattern
Weekly pattern lt03c

TOP Ships performance

To 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 .
Stock3m6m12m
TOPSTOP Ships-87.27%-93.54%-96.77%

TOP Ships competitors

Unfortunately, we could not find any public company that could be defined as TOP Ships competitor. This doesn't mean TOP Ships does not have any competitor in the market, it's just we could not detected it.