Top Ships Inc. (NASDAQ:TOPS – Free Report) shares are going to reverse split on Friday, November 6th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, November 5th.
Top Ships Stock Performance
Shares of Top Ships stock traded up $0.01 during trading hours on Thursday, reaching $0.30. The company had a trading volume of 143,921 shares, compared to its average volume of 1,341,336. Top Ships has a one year low of $0.27 and a one year high of $7.40. The business has a fifty day simple moving average of $0.62 and a 200 day simple moving average of $2.06. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.63 and a quick ratio of 0.61.
About Top Ships
Top Ships Inc (NASDAQ: TOPS) is an international shipping company that owns and operates oceangoing tanker vessels. Its primary business is the seaborne transportation of crude oil, petroleum products and other liquid cargoes for customers in global energy markets.
The company’s fleet has included crude oil tankers and refined-product tankers, which transport cargo between major energy-producing, refining and consuming regions. Through its vessels and commercial operations, Top Ships serves international trade routes rather than focusing on a single geographic market.
Top Ships was established in 2000 and is based in Greece.
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