What has happened to top ships stock?
Since then, TOPS shares have decreased by 83.6% and is now trading at $0.8401. View which stocks have been most impacted by COVID-19. Are investors shorting Top Ships? Top Ships saw a increase in short interest during the month of December.
What is the all-time high and low for top ships stock?
The all-time high TOP Ships stock closing price was 4336963821802.30 on November 26, 2004. The TOP Ships 52-week high stock price is 3.89, which is 256.9% above the current share price. The TOP Ships 52-week low stock price is 1.06, which is 2.8% below the current share price. The average TOP Ships stock price for the last 52 weeks is 1.62.
Is top ships'stock over or undervalued?
In the past three months, Top Ships insiders have not sold or bought any company stock. Only 1.14% of the stock of Top Ships is held by institutions. Top Ships has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
Should you hold top ships (tops) stock?
The consensus among Wall Street research analysts is that investors should "hold" Top Ships stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TOPS, but not buy additional shares or sell existing shares. View analyst ratings for Top Ships or view top-rated stocks.
What is top ship?
What is the P/B ratio of top ships?
What is the official website for top ships?
What does "hold" mean on Top Ships?
When is the 1-25 reverse split?
Does Top Ships pay dividends?
See more
WHY IS Top Ships stock dropping?
In the case of TOP Ships, it's because the company has struggled operationally and has been diluting the daylights out of its shareholders to keep its business afloat.
Is TOPS ships a good investment?
According to some industry analysts covering Top Ships, breakeven is near. They expect the company to post a final loss in 2021, before turning a profit of US$27m in 2022. So, the company is predicted to breakeven approximately 12 months from now or less.
How much was Top Ships worth in 2004?
(NASDAQ:TOPS) has the dubious distinction of being the worst performing stock while still maintaining a listing on a major U.S. exchange that I have ever seen. TOPS has declined from approximately a $170,500,000,000 split-adjusted stock price back in 2004 to around $0.20 today.
What was TOPS ships highest stock price?
TOP Ships - Stock Price History | TOPS The latest closing stock price for TOP Ships as of May 27, 2022 is 0.68. The all-time high TOP Ships stock closing price was 4336963821802.30 on November 26, 2004. The TOP Ships 52-week high stock price is 1.95, which is 186.8% above the current share price.
What is the future for Top Ships?
Top Ships Inc (NASDAQ:TOPS) The 1 analysts offering 12-month price forecasts for Top Ships Inc have a median target of 10.00, with a high estimate of 10.00 and a low estimate of 10.00. The median estimate represents a +2,469.37% increase from the last price of 0.39.
Will tops stock rise again?
During the day the stock fluctuated 9.33% from a day low at $0.38 to a day high of $0.41. The price has fallen in 9 of the last 10 days and is down by -38.71% for this period....Predicted Opening Price for TOP Ships Inc. of Tuesday, June 21, 2022.Fair opening price June 21, 2022Current price$0.39$0.39 (Undervalued)
Why did tops stock go so high?
Instead, the reason for the increase to Top Ships (NASDAQ:TOPS) stock likely has to do with a change in position from the U.S. government. The Trump Administration has announced that the U.S. is planning to leave the Universal Postal Union. The Universal Postal Union is a treaty that has been in place for 144 years.
How many ships does TOP Ships have?
It operates globally in dry cargo and tankers with an active fleet of 285 owned and chartered vessels.
When did top ships go public?
We are incorporated in the Republic of The Marshall Islands and have been trading on NASDAQ since July 2004 under the ticker “TOPS”.
How many vessels tops have?
We own and operate Hyundai-built Tankers of the latest design and of top specification. Our 12 vessel fleet average age upon delivery of our last newbuilding vessel will be 1,5 years old.
What is NAKD stock?
Key Turning Points52-Week High51.00Fibonacci 50%26.80Fibonacci 38.2%21.09Last Price2.6152-Week Low2.601 more row•Jan 13, 2022
Should I buy or sell Top Ships stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Top Ships in the last year. There are currently 1 hold rating for...
How has Top Ships' stock performed in 2022?
Top Ships' stock was trading at $0.8350 at the beginning of the year. Since then, TOPS stock has decreased by 37.7% and is now trading at $0.5199....
When is Top Ships' next earnings date?
Top Ships is scheduled to release its next quarterly earnings announcement on Monday, June 13th 2022. View our earnings forecast for Top Ships .
When did Top Ships' stock split? How did Top Ships' stock split work?
Top Ships shares reverse split before market open on Monday, August 10th 2020. The 1-25 reverse split was announced on Friday, August 7th 2020. The...
Who are Top Ships' key executives?
Top Ships' management team includes the following people: Mr. Evangelos J. Pistiolis , Founder, Pres, CEO & Director (Age 49) Mr. Alexandros Tsi...
Who are some of Top Ships' key competitors?
Some companies that are related to Top Ships include Navios Maritime (NM) , Pyxis Tankers (PXS) , Globus Maritime (GLBS) , OceanPal (OP) , Per...
What other stocks do shareholders of Top Ships own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Top Ships investors own include Seanergy Maritime (SHIP) ,...
What is Top Ships' stock symbol?
Top Ships trades on the NASDAQ under the ticker symbol "TOPS."
Who are Top Ships' major shareholders?
Top Ships' stock is owned by a number of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.12%). View...
How many reverse splits did Tops have in 2008?
From 2008 to 2020, TOPS had 11 reverse splits. If you had 189,000,000,000 shares in 2008, you would have 1 share in 2020 due to all these reverse splits. This looks rather shady. Reverse stock splits are a red flag; more so if there are many reverse splits.
When any share / stock sees a huge volume and the price gain in a steep line upward, what?
In the same way, when any share / stock see a huge volume and the price gain in a steep line upward, then all the power of potential buyers are exhausted and none is left to buy.
How to know if a stock is a pattern or risk?
Pattern/risk - For this pattern, look for a stock that has had a big move over a course of days. During premarket see if its gapping down, If it is wait till the market open and short a spike near red to green level. Have Risk on the red to green level.
When did 5.50 B stock hit 8 B?
Now we talk about support, There is a rubber band trading setup which triggered buy 5.50 b on 12 jan 2005. Thereafter the stock reached 8 B in just two months which is again a sign of climatic volume setup.
Which sector is the early leader in S&P?
Among the S&P sectors, the energy sector (+0.4%) is the early leader, extending its 6% rise this month, while the health care sector (-0.3%) lags.
Why do companies have to stay above $1.00 per share to stay listed?
Companies have to stay above $1.00 per share to stay listed, If the company doesn't stay above $1.00, then it will become an OTC. Reverse splits remove shares from the total shares outstanding and increase the price.
How many shares are there in TOPS?
TOPS had 8,695,348 shares at the end of 2019. With the latest offering of 29,500,000 shares filed on April 30th - just two days after an offering of 35,000,000 shares - TOPS is up to 215,538,488 shares. After the last reverse split in August 2019, the company had approximately 1.6 million shares outstanding. This is a mind boggling increase to the share float of more than 130 times in eight months.
How many shares of TOPS did a billionaire own in 2004?
A hypothetical billionaire who owned 8 billion shares of TOPS back in 2004 is down to one share. In reality, the company didn't have that many shares outstanding at the time. All shareholders who held the stock since 2014 have been completely wiped out through reverse splits.
Why do you need to blacklist tops?
Retail traders need to blacklist TOPS so that buy side volume dries up and the vulture financiers are left holding the bag. If and when the CEO converts his Series E preferred shares and owns more than half of the common stock, only then will management take an interest in protecting the share price.
Why are common shares not worth the enterprise value of TOPS?
While the enterprise value of TOPS increases, the common shares have no value because they are being used as nothing more than currency.
How many times does a common share float increase in eight months?
This is a mind boggling increase to the share float of more than 130 times in eight months. When common shares are treated as nothing more than currency, investors must completely ignore positive fundamentals, business objectives and future growth prospects.
Does TOPS have reverse splits?
TOPS has had a long history of reverse splits and dilution caused by toxic financing deals. Here is a list of the company's reverse splits since inception in 2004:
How does TOPS raise money?
TOPS raises money by issuing new shares which dilutes existing shares and makes them worth less. It's basically in a downward trajectory that is happening as part of some scheme to make an intermediary rich. Read this for some related news as the same player is doing the same thing to another shipping company.
Is reverse split a sideways move?
9 out of 10 times reverse splits cause selling pressure. Yes, mathematically it is a sideways move, but from a sentiment standpoint, it's normally a big immediate negative.
What is top ship?
TOP Ships is a 20-year-old Greek-based shipping company responsible for moving crude oil, petroleum products, and select liquid chemicals. Since the midpoint of the 2010s -- and truly since prior to the Great Recession -- average daily shipping and storing rates on crude products have been falling.
Why are penny stocks so low?
In the case of TOP Ships, it's because the company has struggled operationally and has been diluting the daylights out of its shareholders to keep its business afloat.
What is top ship?
Top Ships, Inc. is an international owner and operator of tanker vessels. It focuses on the transportation of crude oil, petroleum products and bulk liquid chemicals. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.
What is the P/B ratio of top ships?
Top Ships has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
What is the official website for top ships?
The official website for Top Ships is www.topships.org.
What does "hold" mean on Top Ships?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in TOPS, but not buy additional shares or sell existing shares.
When is the 1-25 reverse split?
The 1-25 reverse split was announced on Friday, August 7th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 7th 2020. An investor that had 100 shares of Top Ships stock prior to the reverse split would have 4 shares after the split.
Does Top Ships pay dividends?
Top Ships does not currently pay a dividend.
