The fact is that penny stocks are often trading a low share price for a reason. In the case of TOP Ships, it’s because the company has struggled operationally and has been diluting the daylights out of its shareholders to keep its business afloat.
Similarly Is Tops ships a good investment? The company has all new ships and is well capitalized. They are making good money on long term contracts. Investors are nervous because of the past dilution but the company looks fully capitalized and now has a ton of debt at negative real interest rates. That means that tops is actually making about 5% on its debt!
Why was tops ships stock so high? Instead, the reason for the increase to Top Ships (NASDAQ:TOPS) stock likely has to do with a change in position from the U.S. government. The Trump Administration has announced that the U.S. is planning to leave the Universal Postal Union. The Universal Postal Union is a treaty that has been in place for 144 years.
Additionally, Is Top ships a buy or sell?
The TOP Ships Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
WHAT WAS TOP Ships highest stock price?
TOP Ships – Stock Price History | TOPS
The latest closing stock price for TOP Ships as of April 13, 2022 is 0.96. The all-time high TOP Ships stock closing price was 4336963821802.30 on November 26, 2004. The TOP Ships 52-week high stock price is 2.57, which is 167.7% above the current share price.
How much was top ships worth in 2004? (NASDAQ:TOPS) has the dubious distinction of being the worst performing stock while still maintaining a listing on a major U.S. exchange that I have ever seen. TOPS has declined from approximately a $170,500,000,000 split-adjusted stock price back in 2004 to around $0.20 today. That’s a 99.99999999988% decline.
What does top ship Inc do? Top Ships Inc is a Greece-based international provider of worldwide oil, petroleum products and chemicals transportation services. The Company owns and operates eco medium range (MR) tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty) and bulk liquid chemicals.
How many shares does tops ships have? Share Statistics
| Avg Vol (3 month) 3 | 890.49k |
|---|---|
| Shares Outstanding 5 | 39.83M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 39.73M |
| % Held by Insiders 1 | 0.25% |
What is NAKD stock?
Cenntro Electric Group Ltd (NAKD)
What is a reverse split in stock market? When a company completes a reverse stock split, each outstanding share of the company is converted into a fraction of a share. For example, if a company declares a one for ten reverse stock split, every ten shares that you own will be converted into a single share.
Who owns Tops ships?
Top 10 Owners of Top Ships Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Renaissance Technologies LLC | 0.87% | 347,685 |
| Virtu Financial BD LLC | 0.34% | 136,496 |
| Cetera Advisors LLC | 0.24% | 95,557 |
| Geode Capital Management LLC | 0.10% | 40,167 |
How many ships does TOP Ships own? Today its fleet consists of about 100 vessels and the company has offices in six countries.
How many employees does TOP Ships have?
Number of employees : 136 people . Top Ships, Inc.
…
TOP SHIPS INC.
| Delayed – 03/11 04:00:00 pm | |
|---|---|
| 1.07USD | -9.32% |
Who owns Tops stock?
Institutional investors control 2.09% of the outstanding shares in TOPS.
…
Top 10 Owners of Top Ships Inc.
| Stockholder | Virtu Financial BD LLC |
|---|---|
| Stake | 0.34% |
| Shares owned | 136,496 |
| Total value ($) | 141,956 |
| Shares bought / sold | +123,477 |
Who owns Tops ships? Largest shareholders include FNCMX – Fidelity Nasdaq Composite Index Fund, DFA INVESTMENT DIMENSIONS GROUP INC – U.S. Social Core Equity 2 Portfolio Shares, and Deutsche Bank Ag.
Is NAKD undervalued? NAKD stock may be low-priced. But it is far from undervalued.
Is NAKD stock a good buy?
It has been an extraordinary year, and to be fair, still a profitable one: NAKD stock has still gained 74% so far in 2021. 2022 should be quieter, at least on a relative basis, as Naked becomes Cenntro Automotive.
How much is NAKD worth? NAKD Price/Volume Stats
| Current price | $2.61 | $51.00 |
|---|---|---|
| Prev. close | $3.07 | $2.60 |
| Day low | $2.60 | 15,468,900 |
| Day high | $3.06 | 6,889,411 |
| 50-day MA | $7.75 | N/A |
Should you sell before a reverse split?
Investors who own a stock that splits may not make a lot of money immediately, but they shouldn’t sell the stock since the split is likely a positive sign.
How do you profit from a reverse stock split? If you own 50 shares of a company valued at $10 per share, your investment is worth $500. In a 1-for-5 reverse stock split, you would instead own 10 shares (divide the number of your shares by five) and the share price would increase to $50 per share (multiply the share price by five).
What was Tesla stock split?
Tesla announced a 5-for-1 stock split in early August 2020. Shares gained 80% over the roughly three weeks from just before the split announcement until the split became effective at the end of August.
What is the world’s biggest shipping company? List of largest container shipping companies
| Rank | Company name | Ships |
|---|---|---|
| 1 | Mediterranean Shipping Company | 663 |
| 2 | Maersk | 729 |
| 3 | CMA CGM | 578 |
| 4 | COSCO | 474 |
Is Tops private company? The company netted $18.6 million, which was then used to pay off outstanding debt. However, Tops would be publicly owned for little more than a year. After recording revenues of $790 million and net profits of $6.6 million for the year that ended June 28, 1987, Tops was again taken private.
Who is the manager of Tops?
Tops Markets LLC has promoted Mark Poremba to the position of promotions manager, center store/grocery in the Northeast grocer’s corporate office. Poremba came to Williamsville, N.Y.