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How to buy Top Ships stock | 1.13
Own Top Ships stock in just a few minutes.
Top Ships Inc is a marine shipping business based in the US. Top Ships shares (TOPS) are listed on the NASDAQ and all prices are listed in US Dollars. Top Ships employs 1 staff and has a trailing 12-month revenue of around USD$68.9 million.
How to buy shares in Top Ships
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Top Ships. Find the stock by name or ticker symbol: TOPS. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Top Ships reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$1.13, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Top Ships, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Top Ships. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
Top Ships share price
Use our graph to track the performance of TOPS stocks over time.Top Ships shares at a glance
Information last updated 2020-10-15.
| Latest market close | USD$1.13 |
|---|---|
| 52-week range | USD$0.078 - USD$4.652 |
| 50-day moving average | USD$1.1566 |
| 200-day moving average | USD$3.2725 |
| Wall St. target price | USD$0.4 |
| PE ratio | 0.0517 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$-16.789 |
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Is it a good time to buy Top Ships stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Top Ships price performance over time
Historical closes compared with the close of $1.13 from 2020-10-16
| 1 week (2020-10-12) | -9.60% |
|---|---|
| 1 month (2020-09-18) | -5.04% |
| 3 months (2020-07-20) | 931.96% |
| 6 months (2020-04-20) | 305.31% |
| 1 year (2019-10-18) | -74.14% |
|---|---|
| 2 years (2018-10-19) | -11.02% |
| 3 years (2017-10-20) | 180.40% |
| 5 years (2015-10-20) | 23.50% |
Is Top Ships under- or over-valued?
Valuing Top Ships stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Top Ships's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Top Ships's P/E ratio
Top Ships's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Top Ships shares trade at around 0x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Top Ships's EBITDA
Top Ships's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$32.3 million.
The EBITDA is a measure of a Top Ships's overall financial performance and is widely used to measure a its profitability.
Top Ships financials
| Revenue TTM | USD$68.9 million |
|---|---|
| Operating margin TTM | 26.13% |
| Gross profit TTM | USD$33 million |
| Return on assets TTM | 2.63% |
| Return on equity TTM | -12.78% |
| Profit margin | -24.69% |
| Book value | $3.783 |
| Market capitalisation | USD$46.6 million |
TTM: trailing 12 months
Shorting Top Ships shares
There are currently 3.2 million Top Ships shares held short by investors – that's known as Top Ships's "short interest". This figure is 49% up from 2.1 million last month.
There are a few different ways that this level of interest in shorting Top Ships shares can be evaluated.
Top Ships's "short interest ratio" (SIR)
Top Ships's "short interest ratio" (SIR) is the quantity of Top Ships shares currently shorted divided by the average quantity of Top Ships shares traded daily (recently around 2.9 million). Top Ships's SIR currently stands at 1.08. In other words for every 100,000 Top Ships shares traded daily on the market, roughly 1080 shares are currently held short.
However Top Ships's short interest can also be evaluated against the total number of Top Ships shares, or, against the total number of tradable Top Ships shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Top Ships's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Top Ships shares in existence, roughly 80 shares are currently held short) or 0.0791% of the tradable shares (for every 100,000 tradable Top Ships shares, roughly 79 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Top Ships.
Find out more about how you can short Top Ships stock.
Top Ships share dividends
We're not expecting Top Ships to pay a dividend over the next 12 months.
Have Top Ships's shares ever split?
Top Ships's shares were split on a 1:25 basis on 10 August 2020. So if you had owned 25 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Top Ships shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Top Ships shares which in turn could have impacted Top Ships's share price.
Top Ships share price volatility
Over the last 12 months, Top Ships's shares have ranged in value from as little as $0.078 up to $4.652. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Top Ships's is -0.0331. This would suggest that Top Ships's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Top Ships has bucked the trend.
Top Ships overview
Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2019, it had a fleet with a total capacity of 714,000 deadweight tonnes (dwt) consisting of eight 50,000 dwt product/chemical tankers, such as the M/T Stenaweco Energy, M/T Stenaweco Evolution, M/T Nord Valiant, M/T Stenaweco Excellence, the M/T Eco California, the M/T Eco Marina Del Ray, The M/T Eco Los Angeles, and the M/T Eco City of Angels; and two 157,000 dwt Suezmax tankers, including the M/T Eco Bel Air and M/T Eco Beverly Hills. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was founded in 2000 and is based in Maroussi, Greece.
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