Ardmore Shipping Corporation found using ticker (ASC) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 7 and 4.1 with the average target price sitting at 5.93. Now with the previous closing price of 4.28 this indicates there is a potential upside of 38.6%. The 50 day moving average now sits at 3.78 and the 200 moving average now moves to 3.79. The company has a market capitalisation of $141m. Visit the company website at: https://ardmoreshipping.com
The potential market cap would be $195m based on the market concensus.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, 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.
