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 and has a mean target at 5.93. With the stocks previous close at 4.28 this now indicates there is a potential upside of 38.6%. The day 50 moving average is 3.6 while the 200 day moving average is 3.81. The company has a market cap of $148m. Company Website: https://ardmoreshipping.com
The potential market cap would be $205m 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.
