Stock FAQs

how was tops stock so high

by Prof. Laverna Ward Published 3 years ago Updated 2 years ago
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Will tops stock price rise or fall?

The Top Ships stock price is 0.895 USD today. Will TOPS stock price drop / fall? Yes. The Top Ships stock price may drop from 0.895 USD to 0.724 USD . The change will be -19.0980 %. Will TOPS stock price grow / rise / go up? No. See above . Will TOPS stock price crash? According to our analysis, this can happen.

What is happening with top ships stock?

The TOP Ships Inc. stock price fell by -12.01% on the last day (Monday, 24th Jan 2022) from $0.84 to $0.74. and has now fallen 3 days in a row. During the day the stock fluctuated 19.64% from a day low at $0.70 to a day high of $0.84.

Is tops shares a good investment?

Our Ai stock analyst implies that there will be a negative trend in the future and the TOPS shares are not a good investment for making money. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio.

What happens when the volume of a stock is high?

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. Same climatic volume was seen in the Crude Oil Chart when the Crude Oil hit $147 in July 2008. Everybody was buying, Crude prices were not stopping.

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Why was top ship stock 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.

What is the highest top ships stock has ever been?

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.

Will tops ships ever recover?

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.

Is it good to buy tops stock?

TOP Ships Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

What is the most a stock has gained in one day?

Which Stock's Price Rose the Most in One Day in History? Only one day after Meta Platforms experienced the largest single-day stock market loss in history, Amazon (AMZN) clawed back 14% and posted the single largest one-day gain in U.S. stock market history. The company's market capitalization grew by $191 billion.

How high can a stock go?

If you short a stock at $10, it can't go lower than zero, so you can't make more than $10 per share on the trade. But there's no ceiling on the stock. You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.

What is the point of a reverse stock split?

A reverse stock split occurs when a publicly traded company divides the number of outstanding shares by a certain amount. This serves to decrease the number of outstanding shares and increase the price per share of those outstanding shares.

Will seanergy stock go up?

The 4 analysts offering 12-month price forecasts for Seanergy Maritime Holdings Corp have a median target of 1.75, with a high estimate of 2.25 and a low estimate of 1.40. The median estimate represents a +42.86% increase from the last price of 1.23.

Is ship stock a buy?

The consensus among 1 Wall Street analyst covering (NASDAQ: SHIP) stock is to Strong Buy SHIP stock.

How many ships does TOP Ships have?

Today its fleet consists of about 100 vessels and the company has offices in six countries.

Is Top ships still in business?

Shipping Is Hot, Top Ships Is Still A Casino Stock With No Value.

Can you buy stock while the market is closed?

Investors can trade stocks during the hours before and after the stock market closes. Known as after-hours trading, this allows you to buy or sell stocks after the market closes.

Is Top Ships a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Top Ships in the last twelve months. There are currently 1 hold r...

How has Top Ships' stock been impacted by Coronavirus?

Top Ships' stock was trading at $5.1225 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WH...

Are investors shorting Top Ships?

Top Ships saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 361,900 shares, a declin...

When is Top Ships' next earnings date?

Top Ships is scheduled to release its next quarterly earnings announcement on Friday, April 22nd 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 on the morning of Monday, August 10th 2020. The 1-25 reverse split was announced on Friday, August 7th 2020. The num...

Who are Top Ships' key executives?

Top Ships' management team includes the following people: Evangelos J. Pistiolis , President, Chief Executive Officer & Director Vangelis G. Ikon...

Who are some of Top Ships' key competitors?

Some companies that are related to Top Ships include Tsakos Energy Navigation (TNP) , Castor Maritime (CTRM) , Ardmore Shipping (ASC) , SEACOR...

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."

Is Top Ships a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Top Ships in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Top Ships stock.

How has Top Ships' stock price been impacted by Coronavirus?

Top Ships' stock was trading at $5.1225 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TOPS shares have decreased by 82.0% and is now trading at $0.92. View which stocks have been most impacted by COVID-19.

When is Top Ships' next earnings date?

Top Ships is scheduled to release its next quarterly earnings announcement on Friday, April 22nd 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 number of shares owned by shareholders was adjusted after the market closes on Friday, August 7th 2020.

Who are some of Top Ships' key competitors?

Some companies that are related to Top Ships include Ardmore Shipping (ASC), Tsakos Energy Navigation (TNP), Castor Maritime (CTRM), SEACOR Marine (SMHI), StealthGas (GASS), Eneti (NETI), Navios Maritime (NM), Globus Maritime (GLBS), Pyxis Tankers (PXS), Performance Shipping (PSHG), Grupo TMM, S.A.B.

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), DryShips (DRYS), Globus Maritime (GLBS), Sorrento Therapeutics (SRNE), Heat Biologics (HTBX), Matinas BioPharma (MTNB), Dynavax Technologies (DVAX), Genius Brands International (GNUS), Chesapeake Energy (CHKAQ) and Oasis Petroleum (OAS)..

Who are Top Ships' major shareholders?

Top Ships' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.87%), Virtu Financial LLC (0.34%) and Susquehanna International Group LLP (0.10%). View institutional ownership trends for Top Ships.

TOP Ships Inc. Announces Chartering Developments for 3 Suezmax Vessels

ATHENS, Greece, Feb. 22, 2022 (GLOBE NEWSWIRE) -- TOP Ships Inc.

Top Ships Inc. Announces Credit Committee Approval for the Financing of its Last Newbuilding Vessel and Fully Funded Status

ATHENS, Greece, Feb. 02, 2022 (GLOBE NEWSWIRE) -- TOP Ships Inc.

TOP Ships Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, Jan. 28, 2022 (GLOBE NEWSWIRE) -- TOP Ships Inc.

Signals & Forecast

The TOP Ships Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $0.86 and $0.84. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, TOP Ships Inc. finds support just below today's level at $0.86.

Is TOP Ships Inc. stock A Buy?

TOP Ships Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Insiders are very negative

In the last 15 trades there were 222.5 thousand shares bought and 480.65 thousand shares sold. The last trade was done 2 003 days ago by Ronin Capital, Llc who sold 27.5 thousand shares.

About TOP Ships Inc

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. The company transports petroleum products and crude oil for the oil industry.

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Top Fintech Company

featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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.

What does it mean when a company has more volatility?

Whenever there is more volatility in a share, it means the company has problems with the fundamentals. There is something big foul in the company. This is the reason I always combine Fundamental with Technicals.

TOPS Target Price

TOPS price target in 14 days: 1.167 USD* upside and 0.852 USD* downside. (Highest and lowest possible predicted price in a 14 day period)

Top Ships Inc ( TOPS ) Stock Market info

Recommendations: Buy or sell Top Ships stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Top Ships share forecasts, stock quote and buy / sell signals below. According to present data Top Ships's TOPS shares and potentially its market environment have been in bearish cycle last 12 months (if exists).

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.

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.

When will the Fed lift rates?

In updated projections released Wednesday 13 of 18 officials indicated they expect to lift short-term rates by the end of 2023, up from seven who expected that outcome in March. In March, most of them anticipated holding rates steady through 2023.

When will the Federal Reserve raise interest rates?

WASHINGTON—Federal Reserve officials signaled they expect to raise interest rates by late 2023, sooner than they anticipated in March, as the economy recovers rapidly from the effects of the pandemic and inflation heats up.

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