Top Ships Stock Price History

TOPS Stock  USD 13.58  0.38  2.88%   
Below is the normalized historical share price chart for TOP Ships extending back to July 23, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TOP Ships stands at 13.58, as last reported on the 23rd of May, with the highest price reaching 13.58 and the lowest price hitting 12.51 during the day.
IPO Date
23rd of July 2004
200 Day MA
11.5085
50 Day MA
12.988
Beta
1.667
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in TOP Stock, it is important to understand the factors that can impact its price. We consider TOP Ships very steady. TOP Ships owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0013, which indicates the firm had a 0.0013% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for TOP Ships, which you can use to evaluate the volatility of the company. Please validate TOP Ships' risk adjusted performance of (0.04), and Variance of 3.26 to confirm if the risk estimate we provide is consistent with the expected return of 0.0023%.
  
At this time, TOP Ships' Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 376.1 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 298.6 M in 2024. . At this time, TOP Ships' Price To Sales Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 1.08 in 2024, whereas Price Book Value Ratio is likely to drop 0.15 in 2024. TOP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0013

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Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average TOP Ships is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TOP Ships by adding TOP Ships to a well-diversified portfolio.
Price Book
0.4359
Enterprise Value Ebitda
6.4214
Price Sales
0.7328
Shares Float
958.9 K
Wall Street Target Price
29

TOP Ships Stock Price History Chart

There are several ways to analyze TOP Stock price data. The simplest method is using a basic TOP candlestick price chart, which shows TOP Ships price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 8, 202414.55
Lowest PriceMay 15, 202412.07

TOP Ships May 23, 2024 Stock Price Synopsis

Various analyses of TOP Ships' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell TOP Stock. It can be used to describe the percentage change in the price of TOP Ships from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of TOP Stock.
TOP Ships Price Daily Balance Of Power 0.36 
TOP Ships Price Rate Of Daily Change 1.03 
TOP Ships Price Action Indicator 0.73 

TOP Ships May 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in TOP Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use TOP Ships intraday prices and daily technical indicators to check the level of noise trading in TOP Stock and then apply it to test your longer-term investment strategies against TOP.

TOP Stock Price History Data

The price series of TOP Ships for the period between Fri, Feb 23, 2024 and Thu, May 23, 2024 has a statistical range of 2.59 with a coefficient of variation of 5.13. The price distribution for the period has arithmetic mean of 13.21. The median price for the last 90 days is 13.35. The company completed stock split (1:12) on 29th of September 2023. TOP Ships had dividends distributed to its stock-holders on 2006-04-12.
OpenHighLowCloseVolume
05/23/2024
 13.20  13.58  12.51  13.58 
05/21/2024 13.00  13.50  12.51  13.20  23,023 
05/20/2024 12.23  12.83  12.23  12.81  12,234 
05/17/2024 12.30  12.38  12.16  12.30  6,831 
05/16/2024 12.09  12.14  11.93  12.11  9,037 
05/15/2024 12.21  12.36  11.95  12.07  14,869 
05/14/2024 12.25  12.35  12.12  12.25  17,713 
05/13/2024 12.41  12.75  12.25  12.25  17,702 
05/10/2024 12.77  12.87  12.40  12.51  14,333 
05/09/2024 12.10  12.74  12.00  12.65  20,232 
05/08/2024 12.29  12.50  12.00  12.33  32,182 
05/07/2024 12.20  12.38  12.19  12.31  8,503 
05/06/2024 12.55  12.55  12.24  12.29  13,773 
05/03/2024 11.95  12.55  11.95  12.55  6,796 
05/02/2024 12.64  12.76  12.35  12.50  24,585 
05/01/2024 12.48  12.66  12.44  12.44  5,032 
04/30/2024 12.41  12.55  12.41  12.55  2,422 
04/29/2024 12.86  12.86  12.40  12.40  8,384 
04/26/2024 12.39  12.55  12.25  12.41  8,689 
04/25/2024 12.32  12.54  12.30  12.30  13,120 
04/24/2024 12.51  12.55  12.30  12.30  5,406 
04/23/2024 12.55  12.79  12.38  12.38  6,264 
04/22/2024 12.55  12.72  12.55  12.59  3,466 
04/19/2024 12.99  12.99  12.61  12.70  5,617 
04/18/2024 12.81  12.90  12.60  12.75  8,166 
04/17/2024 12.95  13.15  12.68  12.80  21,016 
04/16/2024 12.98  13.23  12.90  12.98  5,389 
04/15/2024 13.01  13.24  12.97  12.97  23,330 
04/12/2024 13.30  13.50  13.00  13.14  22,673 
04/11/2024 13.32  13.39  13.30  13.33  4,525 
04/10/2024 13.41  13.56  13.26  13.32  21,821 
04/09/2024 13.64  13.74  13.50  13.60  9,597 
04/08/2024 13.51  13.81  13.40  13.66  20,593 
04/05/2024 13.69  13.81  13.40  13.53  13,545 
04/04/2024 13.56  14.09  13.56  13.86  22,178 
04/03/2024 13.40  13.95  13.30  13.85  11,048 
04/02/2024 13.99  13.99  13.23  13.39  26,985 
04/01/2024 14.21  14.50  13.23  13.49  37,366 
03/28/2024 14.14  14.49  13.88  14.02  19,118 
03/27/2024 13.45  14.30  13.41  14.05  13,586 
03/26/2024 13.49  13.75  13.37  13.68  9,024 
03/25/2024 13.30  13.50  13.24  13.50  10,698 
03/22/2024 13.32  13.34  13.18  13.29  8,024 
03/21/2024 13.47  13.60  13.23  13.46  40,169 
03/20/2024 13.10  13.61  13.10  13.55  12,652 
03/19/2024 13.38  13.40  13.06  13.36  3,163 
03/18/2024 13.02  13.40  12.95  13.30  7,652 
03/15/2024 13.35  13.44  12.95  13.35  19,183 
03/14/2024 13.80  14.42  13.28  13.38  27,334 
03/13/2024 13.70  14.20  13.25  13.82  17,532 
03/12/2024 14.09  14.09  13.36  13.77  23,553 
03/11/2024 14.48  14.69  13.97  14.01  11,738 
03/08/2024 13.99  14.55  13.81  14.55  17,600 
03/07/2024 13.66  14.10  13.64  14.10  18,994 
03/06/2024 13.61  13.84  13.50  13.75  11,899 
03/05/2024 13.50  13.85  13.50  13.78  9,634 
03/04/2024 13.70  13.91  13.48  13.52  17,662 
03/01/2024 13.63  13.99  13.60  13.67  13,554 
02/29/2024 13.84  14.00  13.58  13.67  7,560 
02/28/2024 13.98  14.00  13.61  13.73  5,818 
02/27/2024 14.00  14.37  13.44  13.98  23,082 

About TOP Ships Stock history

TOP Ships investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TOP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TOP Ships will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TOP Ships stock prices may prove useful in developing a viable investing in TOP Ships
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 M1.9 M
Net Loss-8.3 M-7.9 M

TOP Ships Stock Technical Analysis

TOP Ships technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TOP Ships technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TOP Ships trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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TOP Ships Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TOP Ships' price direction in advance. Along with the technical and fundamental analysis of TOP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether TOP Ships is a strong investment it is important to analyze TOP Ships' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TOP Ships' future performance. For an informed investment choice regarding TOP Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOP Ships. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy TOP Stock please use our How to Invest in TOP Ships guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running TOP Ships' price analysis, check to measure TOP Ships' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.
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Is TOP Ships' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TOP Ships. If investors know TOP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TOP Ships listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
(12.44)
Revenue Per Share
46.115
Return On Assets
0.0387
Return On Equity
0.0319
The market value of TOP Ships is measured differently than its book value, which is the value of TOP that is recorded on the company's balance sheet. Investors also form their own opinion of TOP Ships' value that differs from its market value or its book value, called intrinsic value, which is TOP Ships' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TOP Ships' market value can be influenced by many factors that don't directly affect TOP Ships' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TOP Ships' value and its price as these two are different measures arrived at by different means. Investors typically determine if TOP Ships is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TOP Ships' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.