Top Ships Inc (NASDAQ:TOPS) shares traded -27.33% down during most recent session to reach at the closing price of $0.24. The stock exchanged hands 13.24 Million shares versus average trading capacity of 3.22 Million shares, yielding a market cap of $70000. Wall Street analysts covering the stock are projecting that the stock will reach $750 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Top Ships Inc (NASDAQ:TOPS) high price target of $0.25 and with a conservative view have low price target of $0.25.
On the other hand the company has Relative Strength Index (RSI 14) of 26.35 along with Average True Range (ATR 14) of 0.14, Consequently Top Ships Inc (NASDAQ:TOPS)’s weekly and monthly volatility is 30.57%, 35.63% respectively. The company’s beta value is at 1.17.
In terms of Buy, Sell or Hold recommendations, Top Ships Inc (NASDAQ:TOPS) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Previously Top Ships Inc (NASDAQ:TOPS) reported $6300 earnings per share (EPS) for the quarter, missing the consensus estimate of $27300 by $-21000. The company posted an earnings surprise of -76.9%.
Currently Top Ships Inc (NASDAQ:TOPS)’s shares owned by insiders are 0%, whereas shares owned by institutional owners are 0.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0%.
Top Ships Inc (NASDAQ:TOPS) 52-week high price stands at $2520.00 and low price stands at $0.18, its price distance from 52-week high is -99.99% while its distance from 52-week low price is 34.44%. The stock hit its 52-week high on 11/16/16, and 52-week low on 07/18/17.
Top Ships Inc (NASDAQ:TOPS)’s trailing twelve month revenues are $28.4 Million, whereas its price to sales ratio for the same period is 0. Its book value per share for the most recent quarter is $2955.91 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.33, however its price to cash per share ratio for the same period is 0.73. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.