Ardmore Shipping Corp (NYSE: ASC) kicked off on Tuesday, up 0.20% from the previous trading day, before settling in for the closing price of $9.80. Over the past 52 weeks, ASC has traded in a range of $8.32-$23.44.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 21.20%. While this was happening, its average annual earnings per share was recorded -69.93%. With a float of $38.57 million, this company’s outstanding shares have now reached $40.62 million.
Considering the fact that the conglomerate employs 936 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of Ardmore Shipping Corp is 5.07%, while institutional ownership is 69.76%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -69.93% per share during the next fiscal year.
Ardmore Shipping Corp (NYSE: ASC) Trading Performance Indicators
Take a look at Ardmore Shipping Corp’s (ASC) current performance indicators. Last quarter, stock had a quick ratio of 3.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 4.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.28, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.26 in one year’s time.
Technical Analysis of Ardmore Shipping Corp (ASC)
Compared to the last year’s volume of 0.7 million, its volume of 0.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.37%. Additionally, its Average True Range was 0.37.
During the past 100 days, Ardmore Shipping Corp’s (ASC) raw stochastic average was set at 27.12%, which indicates a significant decrease from 62.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.24% in the past 14 days, which was lower than the 46.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.60, while its 200-day Moving Average is $13.33. Nevertheless, the first resistance level for the watch stands at $9.96 in the near term. At $10.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.24. If the price goes on to break the first support level at $9.69, it is likely to go to the next support level at $9.55. Now, if the price goes above the second support level, the third support stands at $9.41.
Ardmore Shipping Corp (NYSE: ASC) Key Stats
The company with the Market Capitalisation of 398.92 million has total of 40,624K Shares Outstanding. Its annual sales at the moment are 405,780 K in contrast with the sum of 133,010 K annual income. Company’s last quarter sales were recorded 74,000 K and last quarter income was 6,250 K.