Ardmore Shipping Corporation with ticker code (ASC) now have 5 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 15 and 7 with the average target price sitting at 11. With the stocks previous close at 11.43 this indicates there is a potential downside of -3.8%. There is a 50 day moving average of 9.88 and the 200 moving average now moves to 6.85. The market cap for the company is $467m. You can visit the company’s website by visiting: https://ardmoreshipping.com
The potential market cap would be $450m 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.
