Ardmore Shipping Corporation with ticker code (ASC) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 7.5 and 4.1 and has a mean target at 6.1. With the stocks previous close at 6.25 this is indicating there is a potential downside of -2.4%. The day 50 moving average is 4.76 and the 200 day MA is 3.93. The company has a market capitalisation of $214m. Company Website: https://ardmoreshipping.com
The potential market cap would be $209m based on the market concensus.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
