Sovereign Holdings Inc.
recently disclosed that they own 61% of TOP Ships Inc. (NASDAQ:TOPS) in a Form 13D/A disclosure that was filed with the Securities and Exchange Commission (SEC) on Wednesday, August 9th. The investor owns 3,007,882 shares of the stock worth about $4,090,720. The reporting parties listed on the disclosure included Family Trading Inc, Sovereign Holdings Inc, Epsilon Holdings Inc, Oscar Shipholding Ltd, Race Navigation Inc, Tankers Family Inc and The Lax Trust. The filing is available through Edgar at this link.
Sovereign Holdings Inc.
provided the following explanation of their ownership:
Warning: file_get_contents(): php_network_getaddresses: getaddrinfo failed: Name or service not known in /home/acctmp/public_html/download.php on line 6
Warning: file_get_contents(https://whalewisdom.com
3,007,882
): failed to open stream: php_network_getaddresses: getaddrinfo failed: Name or service not known in /home/acctmp/public_html/download.php on line 6
TOP Ships Inc. (TOPS) traded down 12.82% on Wednesday, reaching $1.36. The company had a trading volume of 1,713,313 shares. The stock’s market capitalization is $39440.00. The stock’s 50 day moving average is $0.44 and its 200-day moving average is $16.60. TOP Ships Inc. has a 1-year low of $0.16 and a 1-year high of $168.00.
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.
Receive News & Ratings for TOP Ships Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TOP Ships Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
