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Maxim Group Maintains a Hold Rating on Top Ships (TOPS)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Hold rating on Top Ships (TOPSResearch Report). The company’s shares closed last Tuesday at $0.39, close to its 52-week low of $0.38.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 15.9% and a 42.6% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Seanergy Maritime, and Globus Maritime.

The the analyst consensus on Top Ships is currently a Hold rating.

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Based on Top Ships’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0.

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Top Ships, Inc. is an international owner and operator of tanker vessels. It focuses on the transportation of crude oil, petroleum products and bulk liquid chemicals. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.

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