Should You Buy TOP SHIPS Inc (TOPS) Stock on Monday?

Overall market sentiment has been high on TOP SHIPS Inc (TOPS) stock lately. TOPS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

TOP SHIPS Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TOPS!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TOPS Stock Today?

TOP SHIPS Inc (TOPS) stock is higher by 6.65% while the S&P 500 is down -0.03% as of 1:27 PM on Monday, Nov 27. TOPS has gained $0.68 from the previous closing price of $10.15 on volume of 191,040 shares. Over the past year the S&P 500 has gained 14.98% while TOPS is down -60.76%. TOPS earned $13.18 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 0.82. To screen for more stocks like TOP SHIPS Inc click here.

More About TOP SHIPS Inc

TOP Ships Inc owns tanker vessels throughout the world. The company focuses on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. It generates revenue from the Time charter agreements. Click Here to get the full Stock Report for TOP SHIPS Inc stock.