A share price of Top Ships Inc [TOPS] is currently trading at $7.87, up 43.61%. An important factor to consider is whether the stock is rising or falling in short-term value. The TOPS shares have gain 46.55% over the last week, with a monthly amount glided 36.87%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Top Ships Inc [AMEX: TOPS] stock has seen the most recent analyst activity on July 13, 2020, when Maxim Group downgraded its rating to a Hold.
Top Ships Inc experienced fluctuations in its stock price throughout the past year between $5.11 and $13.61. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Top Ships Inc [AMEX: TOPS] shares were valued at $7.87 at the most recent close of the market. An investor can expect a potential drop of -68.23% based on the average TOPS price forecast.
Analyzing the TOPS fundamentals
Trailing Twelve Months sales for Top Ships Inc [AMEX:TOPS] were 86.13M which represents 5.40% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Top Ships Inc [AMEX:TOPS] is 0.71. On the other hand, the Quick Ratio is 0.68, and the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 0.25 and price to earnings (TTM) ratio is 7.23.
