TOPS Stock Summary and Trading Ideas (Top Ships | AMEX:TOPS)

TOP Ships Inc owns tanker vessels throughout the world. The company focuses on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. The Company is an international provider of worldwide oil, petroleum products and chemical transportation services. It generates revenue from the Time Charter agreements.

Top Ships trades on the AMEX stock market under the symbol TOPS.

As of January 6, 2025, TOPS stock price climbed to $6.81 with 32,656 million shares trading.

TOPS has a market cap of $31.49 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, TOPS traded as high as $393.60 and as low as $5.30.

The top ETF exchange traded funds that TOPS belongs to (by Net Assets): DFAT, DFSV.

TOPS has underperformed the market in the last year with a return of -54.9%, while the SPY ETF gained +28.5%. In the last 3 month period, TOPS fell short of the market, returning -25.5%, while SPY returned +5.2%. However, in the most recent 2 weeks TOPS has outperformed the stock market by returning +18.4%, while SPY returned +0.7%.

TOPS support price is $6.33 and resistance is $7.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TOPS shares will trade within this expected range on the day.