Ardmore Shipping Corp is a American stock, trading under the symbol ASC-N on the New York Stock Exchange (ASC). It is usually referred to as NYSE:ASC or ASC-N
In the last year, there was no coverage of Ardmore Shipping Corp published on Stockchase.
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In the last year 0 stock analysts on Stockchase covered Ardmore Shipping Corp. The stock is worth watching.
On 2025-02-04, Ardmore Shipping Corp (ASC-N) stock closed at a price of $11.82.
This operator of midsized tankers used for refined petroleum and chemicals has reduced its daily cost of operations by 30% to deal with tight market conditions. This has allowed the company to generate growth in cash reserves, while retiring debt. The healthy dividend is backed by a payout ratio under 40% of cash flow. We recommend setting a stop-loss at $8.50, looking to achieve $17.00 — upside potential of 41%. Yield 8.6%
(Analysts’ price target is $17.00)