How to Buy Top Ships Stock
Top Ships Inc
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.
Top Ships stock last closed at $5.80, down 1.49% from the previous day, and has decreased 53.78% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.35 percentage points. Top Ships stock is currently +9.43% from its 52-week low of $5.30, and -59.27% from its 52-week high of $14.24.
At the moment, there are 4.63M TOPS shares outstanding. The market capitalization of TOPS is $26.83M. In the past 24 hours, 3137 TOPS shares were traded.
How to Buy Top Ships Stock
Wondering how to invest in Top Ships stock? Here's how.
- Choose where to buy Top Ships stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Top Ships stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Evaluate Top Ships stock: The Top Ships ticker symbol is TOPS. Is Top Ships stock a good investment? Should you buy shares of TOPS? How do TOPS's underlying business fundamentals look? Do top analysts think Top Ships is a good buy? Why has TOPS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if TOPS is a good stock to buy).
- Make your TOPS trade: Decide if you will purchase TOPS shares at the current market price or use a limit order to buy TOPS stock at a specific price.
- Monitor your TOPS position: Create a watchlist to watch your investment in Top Ships shares.
Step 1: Choose where to buy Top Ships stock
You need an online brokerage account in order to access the NYSEMKT market and buy TOPS stock.
Our preferred brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world markets: From Tech to Healthcare, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to buy TOPS today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the best app for stock investing, you need to deposit funds:
Check out the video below if you need help transferring money into your brokerage account.
Step 4: Evaluate Top Ships stock
Once you have selected the best place to buy Top Ships stock, it's absolutely critical to evaluate their stock before you invest, so you actually wrap your head around the risk and upside.
Top Ships stock data
Top Ships Due Diligence Score
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on TOPS's stock page.
Is TOPS stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TOPS's true value.
Using relative valuations measures:
- TOPS could be undervalued based on its P/E ratio of 5.32x, relative to Marine Shipping industry P/E ratio of 9.14x
- TOPS could be undervalued based on its P/B ratio of 0.19x, relative to Marine Shipping industry P/B ratio of 0.75x
You can access additional valuation analysis on TOPS's stock here.
A quick look at TOPS Financials
Pros:
- TOPS profit margin has gone up from -27% to 5.8% in the past year.
- Total TOPS debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- TOPS earnings of $28.53M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the TOPS balance sheet.
- TOPS has a relatively high debt to equity ratio of 1.93.
- There are more long-term liabilities than short-term assets on the TOPS balance sheet.
- TOPS's operating cash flow of $17.32M allows it to safely service it's debt of $265.62M.
TOPS Technicals
How are TOPS Revenues/Earnings doing?
Last year, TOPS earnings were $5.03M. Over the last three year, TOPS's earnings have grown by -98.87% per year. This was slower than the Marine Shipping industry average of 38.38%.
Last year, TOPS revenue was $86.13M. During the last 5 year, TOPS's revenue has increased by 5.44% per year. This was slower than the Marine Shipping industry average of 37.51%.
Learn more about TOPS's earnings and revenue performance here.
Latest Insiders Trades at TOPS
Over the past year, insiders at TOPS have not bought or sold any shares.
Research more about who owns TOPS stock here.
Can I get consistent income from TOPS stock?
No, Top Ships doesn't provide an income stream by paying out dividends.
What do other investors have to say about TOPS?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your TOPS trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Monitor your TOPS position
Now that you own some TOPS stock, you'll want to keep up with your new investment.
Create a watchlist to track your TOPS stock.
TOPS Feed
How to Buy Stock in Top Ships
To reiterate, here are the 6 steps for buying Top Ships stock:
- Choose where to buy Top Ships stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Top Ships stock
- Make your TOPS trade
- Monitor your TOPS position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Top Ships, hit the button below to create your watchlist.
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