TOP Ships Inc. (TOPS) News
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Latest TOPS News From Around the Web
Below are the latest news stories about Top Ships Inc that investors may wish to consider to help them evaluate TOPS as an investment opportunity.
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on TuesdayInvestorPlace is starting the day off right by checking out the biggest pre-market stock movers, including the winners and losers. |
Top Ships Inc. Announces Delivery of Suezmax M/T Eco MalibuATHENS, Greece, May 11, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it took delivery of the very high specification, scrubber fitted, 157,000 dwt newbuilding Suezmax vessel M/T Eco Malibu constructed at the Hyundai Heavy Industries shipyard in South Korea. The vessel is scheduled to commence by the end of the week its previously announced time charter employment with a major oil trader for three years with two yearly extensions at the charterer’s option. The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $63.3 million. For 2021 alone, this charter is expected to contribute $7.8 million in revenue. About TOP Ships In... |
Returns Are Gaining Momentum At Top Ships (NASDAQ:TOPS)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world... |
TOP Ships Inc. Announces Delivery of Suezmax M/T Eco West CoastATHENS, Greece, April 06, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it took delivery of the very high specification, scrubber fitted, 157,000 dwt newbuilding Suezmax vessel M/T Eco West Coast constructed at the Hyundai Heavy Industries shipyard in South Korea. The vessel commenced its previously announced time charter employment with a major oil trader for three years with two yearly extensions at the charterer’s option. The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $63.3 million. For 2021 alone, this charter is expected to contribute $9.3 million in revenue. Evangelos Pistiolis, the President and Chief Execu... |
Is Now Your Chance to Buy the Nasdaq's 3 Worst Performing Stocks of 2020?Strong performance from tech companies powered the overall Nasdaq (NASDAQ: NDAQ) exchange to post incredible gains in 2020, and the Nasdaq Composite Index has climbed roughly 43% in the year's trading so far. Sea Energy Maritime Holdings (NASDAQ: SHIP), Top Ships (NASDAQ: TOPS), and Globus Maritime (NASDAQ: GLBS) lost nearly all of their value across this year's trading and rank as the Nasdaq's three worst-performing stocks across the stretch. |
3 Stocks Robinhood Investors Should Give Up OnThese companies are terrible places for millennial investors to be putting their hard-earned money to work. |
Top Ships Inc. Announces Compliance With NASDAQ Minimum Bid Price RequirementATHENS, Greece, Aug. 25, 2020 (GLOBE NEWSWIRE) -- TOP Ships Inc. (Nasdaq:TOPS) (the “Company” or “TOPS”), announced today that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2). About TOP Ships Inc. TOPS is an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products. Cautionary Note Regarding Forward-Looking StatementsMatters discussed in this press release may constitute “forward-looking statements” within the meaning of the U.S. federal securities laws. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looki... |
Top Ships Announces Share Repurchase Program, Fleet Update and Estimate of Net Asset ValueATHENS, Greece, Aug. 17, 2020 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”) today announced a share repurchase program and fleet update. Share Repurchase ProgramThe Company’s Board of Directors (the “Board”) today authorized a share repurchase program under which the Company may repurchase up to $5.1m of its outstanding common shares, representing approximately 10% of the Company’s market capitalization as of August 14, 2020, for a period of three months (the “Repurchase Program”). The Board will periodically review the Company’s Repurchase Program, and may decide to extend its term or increase the authorized amount, by another 10% to 15%, that may be repurchased thereunder.Under the Repurchase Program, the Company may repurchase common shares in privately negotiate... |
Robinhood's Topsy-Turvy Top 10 Shipping StocksRetail stock traders have taken center stage this year, embracing speculative bets that institutional investors have shunned. How does this trend affect ocean shipping equities? One indicator is stocks owned by customers of the highly popular Robinhood platform.Robinhood discloses how many of its users own each stock at any given moment. This data is downloaded daily and measured over time by Robintrack.net. FreightWaves sifted through the Robintrack database and the Robinhood disclosures and picked out the leading shipping equities.The result is a very, very different Top 10 list than you’d get from institutional investors.10 — Scorpio Tankers The Robinhood lineup starts out on normal footing with Scorpio Tankers inc. (NYSE: STNG).Scorpio is the largest publicly listed product-tanker o... |