TOP Ships (TOPS) Rating Increased to Hold at ValuEngine
TOP Ships (NASDAQ:TOPS) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Friday.
TOP Ships (NASDAQ TOPS) opened at $0.43 on Friday. TOP Ships has a one year low of $0.32 and a one year high of $89,108.40. The company has a quick ratio of 0.25, a current ratio of 0.28 and a debt-to-equity ratio of 1.22.
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Top Ships Inc is an international provider of oil, petroleum products and chemicals transportation services. The Company owns and operates eco medium range (MR) tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty) and bulk liquid chemicals. The Company’s fleet includes over two chartered-in 50,000 deadweight ton (dwt) product/chemical tankers vessels, the Motor Tanker (M/T) Stenaweco Energy and the M/T Stenaweco Evolution; approximately two 39,000 dwt product/chemical tankers vessels, the M/T Eco Fleet and the M/T Eco Revolution, and over two 50,000 dwt product/chemical tankers scheduled for delivery from Hyundai Dockyard.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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