Top Ships Share Price Passes Below 200 Day Moving Average Time to Sell?
| TOPS Stock | USD 6.12 0.01 0.16% |
Slightly above 68% of TOP Ships' investor base is looking to short. The current sentiment of investing in TOP Ships suggests that many traders are alarmed. TOP Ships' investing sentiment can be driven by a variety of factors including economic data, TOP Ships' earnings reports, geopolitical events, and overall market trends.
TOP |
Shares of Top Ships Inc. crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of 9.07 and traded as low as 5.62. Top Ships shares last traded at 6.15, with a volume of 14,413 shares traded. Analyst Ratings Changes Separately, StockNews.com
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TOP Ships Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards TOP Ships can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TOP Ships Fundamental Analysis
We analyze TOP Ships' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TOP Ships using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TOP Ships based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
TOP Ships is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
TOP Ships Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TOP Ships stock to make a market-neutral strategy. Peer analysis of TOP Ships could also be used in its relative valuation, which is a method of valuing TOP Ships by comparing valuation metrics with similar companies.
Peers
TOP Ships Related Equities
| GLBS | Globus Maritime | 1.72 | ||||
| PSHG | Performance Shipping | 1.10 | ||||
| CLCO | Cool | 0.91 | ||||
| DSX | Diana Shipping | 0.53 | ||||
| KNOP | KNOT Offshore | 0.74 | ||||
| PXS | Pyxis Tankers | 0.81 | ||||
| CTRM | Castor Maritime | 1.03 | ||||
| TORO | Toro | 1.39 | ||||
| ESEA | Euroseas | 1.61 | ||||
| SHIP | Seanergy Maritime | 1.90 | ||||
| SB | Safe Bulkers | 1.92 | ||||
| USEA | United Maritime | 8.94 |
Additional Tools for TOP Stock Analysis
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.