Ardmore Shipping Corp (ASC) concluded trading on Thursday at a closing price of $9.22, with 0.48 million shares of worth about $4.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -44.69% during that period and on April 17, 2025 the price saw a gain of about 4.18%. Currently the company’s common shares owned by public are about 40.46M shares, out of which, 38.41M shares are available for trading.
Stock saw a price change of 5.37% in past 5 days and over the past one month there was a price change of -12.27%. Year-to-date (YTD), ASC shares are showing a performance of -24.12% which decreased to -42.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.32 but also hit the highest price of $23.44 during that period. The average intraday trading volume for Ardmore Shipping Corp shares is 737.92K. The stock is currently trading -1.93% below its 20-day simple moving average (SMA20), while that difference is down -6.72% for SMA50 and it goes to -35.40% lower than SMA200.
Ardmore Shipping Corp (NYSE: ASC) currently have 40.46M outstanding shares and institutions hold larger chunk of about 72.49% of that.
The stock has a current market capitalization of $373.00M and its 3Y-monthly beta is at 0.03. PE ratio of stock for trailing 12 months is 3.01, while it has posted earnings per share of $3.06 in the same period. It has Quick Ratio of 3.86 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASC, volatility over the week remained 4.32% while standing at 4.80% over the month.
Stock’s fiscal year EPS is expected to drop by -68.24% while it is estimated to increase by 15.08% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on October 23, 2024 offering a Hold rating for the stock and assigned a target price range of between $24 and $17 to it. Coverage by Jefferies stated Ardmore Shipping Corp (ASC) stock as a Buy in their note to investors on July 21, 2022, suggesting a price target of $10 for the stock. On April 27, 2022, Jefferies Resumed their recommendations, while on April 29, 2021, H.C. Wainwright Upgrade their ratings for the stock with a price target of $5.50. Stock get a Neutral rating from H.C. Wainwright on March 29, 2021.
