TOP Ships Inc. Elects Not to Proceed with Previously Announced $10m Public Offering
Globe Newswire (Fri, 15-May 10:20 AM ET)
Top Ships Announces Filing of 2025 Annual Report on Form 20-F
Globe Newswire (Thu, 2-Apr 5:00 AM ET)
TOP Ships Reveals $58.81 Net Asset Value Per Share—Stock Trades 91% Below Management's Estimate
Market Chameleon (Tue, 10-Mar 7:59 AM ET)
TOP Ships Strikes $679 Million Charter Deal with Acquisition of Nine New ECO Tankers
Market Chameleon (Mon, 23-Feb 3:37 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 June 12, 2026, TOPS stock price was flat at $0.95 with 229,142 million shares trading.
TOPS has a beta of 1.28, meaning it tends to be more sensitive to market movements. TOPS has a correlation of 0.02 to the broad based SPY ETF.
TOPS has a market cap of $5.26 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 $.85.
TOPS has underperformed the market in the last year with a return of -89.7%, while the SPY ETF gained +24.1%. In the last 3 month period, TOPS fell short of the market, returning -70.9%, while SPY returned +11.6%. However, in the most recent 2 weeks TOPS has outperformed the stock market by returning +6.1%, while SPY returned -1.9%.
TOPS support price is $.86 and resistance is $1.03 (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.