Top Ships Inc. closed with a change of 10.87% in the Previous Trading Session

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Top Ships Inc. (TOPS) belongs to the “Services” sector with an industry focus on “Shipping”, with Mr. Vangelis G. Ikonomou as Chairman and Exec. VP.

The company has been one of the biggest innovators in “Shipping” employing approximately 1 full time employees.

Key Statistics:

  • The stock added in the prior trading session by 10.87%, closing at the stock price of $0.51.
  • Currently, the market capitalization of Top Ships Inc. (TOPS) is 3.29 Million.
  • TOPS has a 1-year high price of $ 75600.00 and 1-year low price of $0.40.
  • The number of shares currently held by investors is 6.44 Million.
  • The number of shares traded in the last trading session was 2.9 Million.

Financials:

The company reported an impressive total revenue of 28.43 Million in the last fiscal year.

If you look at the company’s income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, TOPS earned gross profit of 3.49 Million, in 2015 12.71 Million gross profit, while in 2016 Top Ships Inc. (TOPS) produced 27.7 Million profit.

Currently the shares of Top Ships Inc. (TOPS) has a trading volume of 2.9 Million shares, with an average trading volume of 1620 shares – with shares dropping to a 52 week low of $0.40, and the company’s shares hitting a 52 week high of $ 75600.00.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Top Ships Inc. the EPS stands at 189000 for the previous quarter, while the analysts predicted the EPS of the stock to be 819000, suggesting the stock fell short of the analysts’ expectations.

Another critical number in evaluating a stock is P/E or the price to earnings ratio.

The TTM operating margin is 12.4%. The return on invested capital at 3.7%, which is good, compared to its peers.

The Free Cash Flow or FCF margin is 0.87%, which means that the business has healthy reserve funds for contingencies that may arise.

Stock is currently moving with a negative distance from the 200 day simple moving average of approximately -99.99%, and has a poor year to date (YTD) performance of -100% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

The stock diminished about -52.96% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well.

Future Expectations:

The target price for Top Ships Inc. (TOPS) is $750/share according to the consensus of analysts working on the stock, with an expected EPS of $0/share for the current quarter.