On Monday, Ardmore Shipping Corp (NYSE: ASC) was -4.11% drop from the session before settling in for the closing price of $10.21. A 52-week range for ASC has been $8.83 – $23.44.
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During the last 5-year period, the sales growth of Industrials Sector giant was 21.20%. When this article was written, the company’s average yearly earnings per share was at -57.61%. With a float of $38.41 million, this company’s outstanding shares have now reached $40.46 million.
Let’s determine the extent of company efficiency that accounts for 936 employees. In terms of profitability, gross margin is 40.51%, operating margin of 33.73%, and the pretax margin is 33.94%.
Ardmore Shipping Corp (ASC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ardmore Shipping Corp stocks. The insider ownership of Ardmore Shipping Corp is 5.07%, while institutional ownership is 72.43%. The most recent insider transaction that took place on Mar 31 ’25, was worth 31,553. Before that another transaction happened on Mar 31 ’25, when Company’s Officer proposed sale 1,968 for $9.90, making the entire transaction worth $19,490.
Ardmore Shipping Corp (ASC) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -57.61% per share during the next fiscal year.
Ardmore Shipping Corp (NYSE: ASC) Trading Performance Indicators
You can see what Ardmore Shipping Corp (ASC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 4.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.06, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of Ardmore Shipping Corp (ASC)
Looking closely at Ardmore Shipping Corp (NYSE: ASC), its last 5-days average volume was 0.57 million, which is a drop from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 30.97%. Additionally, its Average True Range was 0.37.
During the past 100 days, Ardmore Shipping Corp’s (ASC) raw stochastic average was set at 18.56%, which indicates a significant decrease from 31.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.93% in the past 14 days, which was lower than the 40.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.55, while its 200-day Moving Average is $15.12. However, in the short run, Ardmore Shipping Corp’s stock first resistance to watch stands at $9.99. Second resistance stands at $10.19. The third major resistance level sits at $10.31. If the price goes on to break the first support level at $9.67, it is likely to go to the next support level at $9.55. Should the price break the second support level, the third support level stands at $9.35.
Ardmore Shipping Corp (NYSE: ASC) Key Stats
There are 40,455K outstanding shares of the company, which has a market capitalization of 396.06 million. As of now, sales total 405,780 K while income totals 133,010 K. Its latest quarter income was 82,040 K while its last quarter net income were 6,930 K.
