Investors need to see the forecast for Top Ships (TOPS)
What’s up with Top Ships?
Top Ships (TOPS) opened at $0.20, which means the stock is down 4.81% from yesterday’s closing price of 0.20. Today, the company has a high of $0.21 and a low of $0.19. The company has a market cap of $42.65 million with a 52-week high of $14.37 and a 52-week low of $0.07.
What about the future for Top Ships?
The high forecast for Top Ships is 0.50 while the low is 0.01. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Top Ships has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy. Based on this information TOPS seems to be a risky buy.
About Top Ships
Top Ships, Inc. is an international owner and operator of tanker vessels. It focuses on the transportation of crude oil, petroleum products and bulk liquid chemicals. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.