Stock FAQs

why was tops ships stock so high

by Jaylon Turner DVM Published 3 years ago Updated 2 years ago
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Top Ships stock was flying high on Monday, but not due to anything the company has announced. 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.

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

Full Answer

Why is top ships stock going up?

Oct 22, 2018 · 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...

What is the highest a 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 2.57 , which is 170.5% above the current share price. The TOP Ships 52-week low stock price is 0.70 , which is 26.3% below the current share price. The average TOP Ships stock price for the last 52 weeks is 1.27 . For more information on how our …

Is top ships (tops) a “underperform” stock?

May 05, 2022 · High volatility in TOP Ships Inc. stock price on Monday which ended trading at $0.62(Updated on May 09, 2022) Sell candidate since 2022-04-05 Loss -36.32% PDF. The TOP Ships Inc. stock price fell by -12.16% on the last day (Monday, 9th May 2022) from $0.71 to $0.62. and has now fallen 3 days in a row.

Is there any short interest in top ships stock?

Apr 15, 2022 · Top Ships' stock was trading at $5.1225 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TOPS shares have decreased by 86.0% and is now trading at $0.7151.

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Why did TOP Ships stock go so high?

This is due to reverse stock splits. 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.

What was tops ships highest stock price?

TOP Ships - Stock Price History | TOPS

The latest closing stock price for TOP Ships as of May 02, 2022 is 0.72. 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 1.97, which is 173.6% above the current share price.

Is Tops ship a good buy?

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.

Why did the top ship fail?

The fact is that penny stocks are often trading a low share price for a reason. 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.Jul 20, 2020

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.

How many ships does TOP Ships have?

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

Can a stock go from a penny to a dollar?

Just like mid and large cap stocks, there is no limit to how high a penny stock can go. Many massive, well-established companies were once trading for less than $5 per share.

Can you get rich off of penny stocks?

Can you make money on penny stocks? It is possible to make money with penny stocks. Then again, it's technically possible to make money with any type of stock. Successful investors usually focus on the potential for their stock picks, regardless of price, to gain value over the long term.Apr 1, 2022

What stock has the highest forecast?

TickerCompanyForecast ROA
SEDGSOLAREDGE TECHNOLOGIES INC17.75%
GTLSCHART INDUSTRIES INC14.36%
CNFCNFINANCE HOLDINGS LTD42.10%
CLGNCOLLPLANT BIOTECHNOLOGIES LTD88.11%
33 more rows

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.May 12, 2020

Is ship stock a buy?

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

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”.

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."

Signals & Forecast

Mostly positive signals in the chart today. The TOP Ships Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

Support, Risk & Stop-loss

TOP Ships Inc. finds support from accumulated volume at $1.34 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

Is TOP Ships Inc. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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.

TOPS Target Price

TOPS price target in 14 days: 1.510 USD* upside and 1.282 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.

Top Ships Inc ( TOPS ) Stock Price Prediction, Stock Forecast for next months and years

Below you will find the price predictions for 2021, 2022, 2023, 2024, 2025, 2026.

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