In recent trading session, Top Ships Inc. (NASDAQ:TOPS) saw 23,179,285 shares changing hands with its beta currently measuring 0.11. Company’s recent per share price level of $0.1 trading at $0 or -0.79% at recent trade assigns it a market valuation of $83.97 Million. That current trading price of TOPs’ stock is at a discount of -9610% from its 52-week high price of $9.71 and is indicating a premium of 30% from its 52-week low price of $0.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 52.34 Million shares which gives us an average trading volume of 96.35 Million if we extend that period to 3-months.
For Top Ships Inc. (TOPS), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Top Ships Inc. (NASDAQ:TOPS) trade information
In the face of being in the red today for losing -0.79%, in the last five days TOPS remained trading in the green while hitting it’s week-highest on Monday, Jul 27 when the stock touched $0.112 price level, adding 10.36% to its value on the day. Top Ships Inc.’s shares saw a change of -87.45% in year-to-date performance and have moved -5.1% in past 5-day. Top Ships Inc. (NASDAQ:TOPS) showed a performance of -26.93% in past 30-days. Number of shares sold short was 2.56 Million shares which calculate 0.03 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $0.4 to the stock, which implies a rise of 300% to its current value. Analysts have been projecting $0.4 as a low price target for the stock while placing it at a high target of $0.4. It follows that stock’s current price would jump +300% in reaching the projected high whereas dropping to the targeted low would mean a loss of 300% for stock’s current value.
Top Ships Inc. (TOPS) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -52.96% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 13.6% while estimates for its earnings growth in next 5 years are of 0%