Streetbeat News

ASC

Ardmore Shipping Corporation

Industry

Marine Shipping

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, 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.

Open

12.16

Mkt cap

493M

Volume

789K

High

12.29

P/E Ratio

3.32

52-wk high

23.44

Low

11.62

Div yield

0.09

52-wk low

11.59

Investors are showing increased interest in Ardmore Shipping Corporation (ASC), as evidenced by the high search activity on Zacks.com. This suggests a growing curiosity or concern about the company's stock performance.

Portfolio Pulse from

November 22, 2024 | 3:15 pm

ZyVersa Therapeutics has published a peer-reviewed study showing that its inflammasome ASC inhibitor, IC 100, can protect against stroke-related cardiovascular injury and dysfunction in preclinical trials. The study highlights the potential of IC 100 in blocking AIM2 inflammasome activation in the heart.

Portfolio Pulse from

November 20, 2024 | 1:15 pm

Ardmore Shipping has been upgraded due to its appealing valuation, massive discount, and attractive yield. The company reported higher revenue, EBITDA, and EPS in Q3 compared to Q3 2023. Ardmore holds $47.6 million in cash and has a Total Debt-to-Equity ratio of 8.1%.

Portfolio Pulse from

November 19, 2024 | 7:30 am

Ascletis Pharma has completed enrollment for a Phase III trial of ASC40, a once-daily oral tablet for treating moderate to severe acne. The trial includes 480 patients, with results expected in Q2 2025.

Portfolio Pulse from

November 12, 2024 | 11:45 am

Ardmore Shipping Corporation (ASC) is gaining attention from investors, as noted by Zacks.com users. This suggests potential interest in the stock's future performance.

Portfolio Pulse from

November 11, 2024 | 3:15 pm

Ardmore Shipping (ASC) is being considered a good investment by Wall Street analysts. The article questions the impact of these analyst recommendations on stock prices.

Portfolio Pulse from

November 07, 2024 | 3:45 pm

Ascletis announced promising Phase I results for ASC47, a muscle-preserving weight loss drug candidate. The study showed ASC47's potential for once-monthly administration and superior fat reduction compared to semaglutide in pre-clinical trials.

Portfolio Pulse from

November 07, 2024 | 11:45 am

Ardmore Shipping (ASC) reported Q3 earnings of $0.55 per share, surpassing the Zacks Consensus Estimate of $0.53 and last year's $0.49 per share.

Portfolio Pulse from

November 06, 2024 | 3:30 pm

Ardmore Shipping Corporation reported its financial results for Q3 2024, showing a net income of $23.3 million, an increase from $20.3 million in Q3 2023. Earnings per share rose to $0.55 from $0.49.

Portfolio Pulse from

November 06, 2024 | 1:15 pm

Analysts have provided updated ratings and price targets for three high-yield energy stocks: Ardmore Shipping Corporation, DHT Holdings, and Chord Energy Corporation. These stocks offer dividend yields over 8%, attracting investors during market uncertainty. Ardmore Shipping and DHT Holdings have upcoming earnings announcements, which may impact their stock prices.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:42 pm

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