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 $12.55, up 1.21% from the previous day, and has increased 41.39% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.03 percentage points. Top Ships stock is currently +127.77% from its 52-week low of $5.51, and -33.84% from its 52-week high of $18.97.
At the moment, there are 4.63M TOPS shares outstanding. The market capitalization of TOPS is $58.06M. In the past 24 hours, 2422 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
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your stock purchase by signing up for an account with eToro today.
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 Zen 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/B ratio of 0.42x, relative to Marine Shipping industry P/B ratio of 1.01x
You can access additional valuation analysis on TOPS's stock here.
TOPS Financial Summary
Cons:
- TOPS earnings of $29.06M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the TOPS balance sheet.
- TOPS's operating cash flow of $28.93M allows it to safely service it's debt of $255.84M.
- TOPS profit margin has gone down from -11.4% to -27% in the past year.
- TOPS has a relatively high debt to equity ratio of 1.98.
- There are more long-term liabilities than short-term assets on the TOPS balance sheet.
- Total TOPS debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced TOPS Traders
Is TOPS Growing Revenue?
Last year, TOPS revenue was $82.95M. In the past five year, TOPS's revenue has increased by 15.11% per year. This was slower than the Marine Shipping industry average of 15.42%.
Dig into TOPS's earnings and revenue performance here.
What are TOPS executives and large shareholders up to?
Over the past 12 months, 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.
Get analysis from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your TOPS trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your TOPS position
Now that you own some shares in TOPS, you'll want to keep up with your stock purchase.
Make a watchlist to get the latest updates about your TOPS stock.
TOPS Feed
How to Buy Stock in Top Ships
To summarize, here are the 6 steps you need to take to buy Top Ships stock right now:
- 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 are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Top Ships, get started below.
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