Ardmore Shipping Corporation with ticker code (ASC) have now 4 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 20 and 14 calculating the mean target price we have 17.25. With the stocks previous close at 16.76 this now indicates there is a potential upside of 2.9%. The 50 day moving average now sits at 14.48 while the 200 day moving average is 10.66. The company has a market cap of $655m. You can visit the company’s website by visiting: https://ardmoreshipping.com
The potential market cap would be $674m 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.
