TOPS has declined from approximately a $170,500,000,000 split-adjusted stock price back in 2004 to around $0.20 today. That's a 99.99999999988% decline. A constant stream of heavy dilution and corresponding reverse splits are the cause of this impressive drop.
Is top ships'stock over or undervalued?
Oct 23, 2018 · TOPS has been headed up for a couple of sessions now, topping off the gains with a 55.12% run in the market yesterday. The gains are not stock specific either. It …
What is the all-time high and low for top ships stock?
May 12, 2017 · Summary. The company performed the reverse 1-for-20 split on May 11, 2017 before market open. As of December 31, 2016, the company had 5.6 million outstanding shares. As of May 3, 2017, TOPS had ...
What has happened to top ships stock?
Mar 31, 2020 · The stock fell 50.5% as trading volume ballooned to 120.8 million shares, already well above the full-day average of 29.5 million shares, and enough to make the stock the most actively traded on ...
When did top ships'1-25 reverse split happen?
Aug 22, 2019 · TOP Ships Inc. shares TOPS, -0.96% fell 5.3% to $6.59, but this was after the price was adjusted following another reverse stock split. The Greece-based ship-owning company effected a one-for-20 ...
Why did TOPS stock drop so much?
TOPS has declined from approximately a $170,500,000,000 split-adjusted stock price back in 2004 to around $0.20 today. That's a 99.99999999988% decline. A constant stream of heavy dilution and corresponding reverse splits are the cause of this impressive drop.May 12, 2020
Is TOPS ships a good investment?
The company has all new ships and is well capitalized. They are making good money on long term contracts. Investors are nervous because of the past dilution but the company looks fully capitalized and now has a ton of debt at negative real interest rates. That means that tops is actually making about 5% on its debt!
Will TOP Ships rise again?
Given the current short-term trend, the stock is expected to rise 24.66% during the next 3 months and, with a 90% probability hold a price between $1.18 and $1.98 at the end of this 3-month period.
What is the highest TOP Ships stock has ever been?
TOP Ships - Stock Price History | TOPS The latest closing stock price for TOP Ships as of April 08, 2022 is 0.98. 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 2.57, which is 162.2% above the current share price.
What's the most expensive stock?
Berkshire HathawayBerkshire Hathaway is the world's most expensive stock. One of the main reasons why the company's stock is so expensive is because it never went through a stock split. The company's CEO, Warren Buffet, deliberately decided against a split in order to prevent short-term trading which would lead to higher volatility.Jan 11, 2022
How many ships does TOP Ships have?
Today its fleet consists of about 100 vessels and the company has offices in six countries.
Why was tops ships 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.Oct 22, 2018
What is the future for top ships?
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 +986.96% increase from the last price of 0.92.
Is ship stock a buy?
The consensus among 1 Wall Street analyst covering (NASDAQ: SHIP) stock is to Strong Buy SHIP stock.
Who owns the most stocks in the world?
The natural stock pick held by the world's wealthiest person is Microsoft (NASDAQ:MSFT), the giant tech company Bill Gates co-founded with Paul Allen in 1975. Gates still owns almost 103 million shares of the company worth $15.4 billion.Nov 27, 2019
Why is Berkshire Hathaway stock so high?
The main reason why Berkshire Hathaway Class A stock is priced so high is that the company didn't decide to split its stock. As a result, the price of each share has risen along with the immense growth of the holding company over the past decades and is now the most 'expensive' publicly trading stock.Mar 1, 2022
What is the biggest stock gain in one day?
What Is the Biggest Gain a Stock Has Ever Experienced? 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.
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."
Referenced Symbols
Shares of TOP Ships Inc. TOPS, +2.68% were cut in half on very heavy volume in morning trading Tuesday, after the Greece-based tanker vessel operator announced before the open the pricing of a large stock offering at a substantial discount.
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Referenced Symbols
TOP Ships Inc. shares TOPS, +1.74% fell 5.3% to $6.59, but this was after the price was adjusted following another reverse stock split. The Greece-based ship-owning company effected a one-for-20 reverse stock split Tuesday, which in effect lifted the stock's Wednesday closing price to $6.96 from about 35 cents.
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What stocks does MarketBeat like better than Top Ships?
Wall Street analysts have given Top Ships a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Top Ships wasn't one of them.
How has Top Ships' stock been impacted by Coronavirus (COVID-19)?
Top Ships' stock was trading at $5.1225 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TOPS stock has decreased by 75.6% and is now trading at $1.25.#N#View which stocks have been most impacted by COVID-19.
When did Top Ships' stock split? How did Top Ships' stock split work?
Top Ships's stock 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 Seanergy Maritime (SHIP), Euroseas (ESEA), Tsakos Energy Navigation (TNP), Ardmore Shipping (ASC), StealthGas (GASS), SEACOR Marine (SMHI), Navios Maritime (NM), Navios Maritime Acquisition (NNA), 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 (OAS)..
Who are Top Ships' major shareholders?
Top Ships' stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (0.18%) and Squarepoint Ops LLC (0.04%).#N#View institutional ownership trends for Top Ships.
Which institutional investors are selling Top Ships stock?
TOPS stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP.#N#View insider buying and selling activity for Top Ships or view top insider-selling stocks.
Investing advice from the book 'The Intelligent Investor is useless. Graham agreed before he died
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Getting ahead in Hearing aid investing before law is enacted. Good idea?
Biden recently issued an executive order to speed up the roll out of OTC hearing aids. And hope to start implementing otc between March-July 2022.
Why would a company operating at a loss issue a special dividend?
So I'm looking at this report on Ecovyst which will pay a special dividend of $3.2 later this month.
Time to take AAPL gains and GTFO?
Everything Apple has been doing lately has me thinking it's likely to fall soon due to their upcoming security changes. I'm have a relatively small position 10 shares at 127.96. So I won't be making a huge profit but I do think Apple might be a buy in the future when its cheap again.
When will the reverse stock split take effect?
The Company’s shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company’s Annual Meeting of Shareholders held on May 29, 2020. The reverse stock split will take effect, and the Company’s common stock will begin trading on ...
What is forward-looking statement?
Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
