TOP Ships acquires 3 MR tankers for $7.4M; expands revenue backlog
Seeking Alpha News (Wed, 29-Jul 9:16 AM ET)
Globe Newswire (Wed, 29-Jul 8:45 AM ET)
TOP Ships Sells Newbuilding MR Tanker SPV to Related Party for $6.5 Million
TipRanks (Tue, 28-Jul 12:01 PM ET)
TOP Ships Announces Sale of a Newbuilding MR Tanker for about $6.5 million
Globe Newswire (Tue, 28-Jul 11:30 AM ET)
Globe Newswire (Mon, 27-Jul 8:30 AM ET)
TOP Ships Inc. Announces Decision to Sell M/Y Para Bellvm and Exit the Megayacht Sector
Globe Newswire (Wed, 22-Jul 8:50 AM ET)
TOP Ships Inc. Cancels Dubai Real Estate Deal
Globe Newswire (Thu, 16-Jul 8:40 AM ET)
TOP Ships Inc. Announces Sale of ECO MR Product Tanker Newbuilding for About $6.25 million
Globe Newswire (Wed, 15-Jul 11:15 AM ET)
TOP Ships Announces Safe Exit of Vessel from the Strait of Hormuz and Stronger Vessel Values
Globe Newswire (Wed, 24-Jun 9:00 AM ET)
TOP Ships Inc. Elects Not to Proceed with Previously Announced $10m Public Offering
Globe Newswire (Fri, 15-May 10:20 AM ET)
TOP Ships Inc owns tanker vessels throughout the world. The Company is an international owner and operator of modern, fuel-efficient eco-tanker vessels, focusing on the transportation of crude oil, petroleum products (both clean and dirty), and bulk liquid chemicals. It generates revenue from the Time Charter agreements. The company operates in two reportable segments: (i) the tanker segment and (ii) the megayacht segment.
Top Ships trades on the AMEX stock market under the symbol TOPS.
As of July 31, 2026, TOPS stock price declined to $0.63 with 137,183 million shares trading.
TOPS has a beta of 0.50, meaning it tends to be less sensitive to market movements. TOPS has a correlation of 0.00 to the broad based SPY ETF.
TOPS has a market cap of $3.49 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, TOPS traded as high as $18.97 and as low as $.62.
TOPS has underperformed the market in the last year with a price return of -89.1% while the SPY ETF gained +19.4%. TOPS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -71.4% and -16.0%, respectively, while the SPY returned +4.2% and +0.5%, respectively.
TOPS support price is $.63 and resistance is $.70 (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.
