Ardmore Shipping Corporation found using ticker (ASC) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 7 and 4.1 calculating the average target price we see 6.02. With the stocks previous close at 3.35 this indicates there is a potential upside of 79.7%. The day 50 moving average is 3.59 and the 200 day moving average is 3.84. The company has a market capitalisation of $113m. You can visit the company’s website by visiting: https://ardmoreshipping.com
The potential market cap would be $204m 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.
