TOP Ships Inc. (NASDAQ:TOPS) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Friday.

Shares of TOP Ships (NASDAQ:TOPS) opened at 0.52 on Friday. The stock’s 50 day moving average is $4.13 and its 200-day moving average is $308.57. TOP Ships has a 52 week low of $0.47 and a 52 week high of $5,040.00. The firm’s market cap is $149760.00.

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About TOP Ships

Top Ships Inc is an international provider of 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. The Company’s fleet includes over two chartered-in 50,000 deadweight ton (dwt) product/chemical tankers vessels, the Motor Tanker (M/T) Stenaweco Energy and the M/T Stenaweco Evolution; approximately two 39,000 dwt product/chemical tankers vessels, the M/T Eco Fleet and the M/T Eco Revolution, and over two 50,000 dwt product/chemical tankers scheduled for delivery from Hyundai Dockyard.

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