The stock of TOP SHIPS Inc (NASDAQ:TOPS) is a huge mover today! About 5.60 million shares traded hands or 2177.31% up from the average. TOP SHIPS Inc (NASDAQ:TOPS) has risen 64.25% since April 13, 2016 and is uptrending. It has outperformed by 60.32% the S&P500.
The move comes after 7 months positive chart setup for the $28.27M company. It was reported on Nov, 15 by Barchart.com. We have $8.70 PT which if reached, will make NASDAQ:TOPS worth $20.35 million more.
According to Zacks Investment Research, “TOP SHIPS Inc., formerly known as TOP Tankers Inc., is an international provider of worldwide seaborne crude oil and petroleum products and of drybulk transportation services. Upon delivery of one tanker to its new owners, the Company will operate a fleet of 19 tankers, consisting of 11 double-hull Suezmax tankers and 8 double-hull Handymax tankers, with a total carrying capacity of approximately 2.0 million dwt, of which 78% are sister ships, and two drybulk vessels.”
More notable recent TOP SHIPS Inc (NASDAQ:TOPS) news were published by: Globenewswire.com which released: “TOP Ships Inc. Announces Interim Financial Results for Period Ended June 30, 2016” on July 29, 2016, also Quotes.Wsj.com with their article: “TOP Ships Inc. TOPS (US: Nasdaq)” published on February 11, 2011, Globenewswire.com published: “TOP Ships Inc. Announces Delivery of Sixth Newbuilding Vessel and Completion …” on August 10, 2016. More interesting news about TOP SHIPS Inc (NASDAQ:TOPS) were released by: Marketwatch.com and their article: “TOP Ships stock soars 33% in premarket trade” published on February 09, 2011 as well as Globenewswire.com‘s news article titled: “TOP Ships Inc. Announces Corporate Developments” with publication date: February 01, 2016.
TOPS Company Profile
Top Ships Inc., incorporated on January 10, 2000, is an international well-known provider of oil, petroleum products and chemicals transportation services. The Firm owns and operates eco medium range (MR) tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty) and bulk liquid chemicals.
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