TOP SHIPS (TOPS) Trading Up 7.7%

TOP SHIPS Inc (NASDAQ:TOPS)’s share price was up 7.7% during mid-day trading on Monday . The stock traded as high as $0.85 and last traded at $0.84. Approximately 920,398 shares traded hands during trading, an increase of 2% from the average daily volume of 900,179 shares. The stock had previously closed at $0.78.

The company has a current ratio of 0.15, a quick ratio of 0.13 and a debt-to-equity ratio of 0.82.

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Top Ships Inc owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2017, it had a fleet of two chartered-in 49,737 deadweight ton (dwt) product/chemical tankers vessels, the M/T Stenaweco Energy and the M/T Stenaweco Evolution; two 39,208 dwt product/chemical tankers vessels, the M/T Eco Fleet and the M/T Eco Revolution; three 49,737 dwt product/chemical tankers, the M/T Stenaweco Excellence, M/T Nord Valiant, and M/T Stenaweco Elegance; and a 49,737 dwt product/chemical tanker vessel, the M/T Eco Holmby Hills.

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