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

9.95

Mkt cap

409M

Volume

554K

High

10.26

P/E Ratio

3.30

52-wk high

23.44

Low

9.95

Div yield

0.09

52-wk low

8.83

Wall Street analysts are optimistic about Ardmore Shipping (ASC), which may influence investor decisions. Analyst ratings can impact stock prices, but their significance is debated.

Portfolio Pulse from

March 18, 2025 | 2:45 pm

Ascletis announced positive results from Phase Ib studies of ASC47, a weight loss drug, showing a long half-life and good tolerance. The U.S. FDA has cleared an IND application for ASC47 in combination with Semaglutide.

Portfolio Pulse from

March 11, 2025 | 11:45 pm

Ardmore Shipping Corporation has filed its 2024 Annual Report on Form 20-F with the SEC, available on their website.

Portfolio Pulse from

March 07, 2025 | 10:00 pm

Ardmore Shipping Corporation (ASC) is gaining significant attention from investors, as it is one of the most watched stocks on Zacks.com. This indicates a growing interest in the company's future prospects.

Portfolio Pulse from

February 28, 2025 | 3:15 pm

Ardmore Shipping's Q4-2024 earnings fell by 60% year-on-year due to lower spot day rates, but the company showed resilience with increased full-year earnings. Strong fundamentals, including a low cash breakeven rate and high liquidity, along with favorable market dynamics, make Ardmore attractive for future growth.

Portfolio Pulse from

February 17, 2025 | 6:45 pm

Ardmore Shipping Corporation (ASC) has been gaining attention from Zacks.com users, indicating a potential trend in its stock. Investors are advised to consider the stock's prospects before making investment decisions.

Portfolio Pulse from

February 17, 2025 | 3:15 pm

Ardmore Shipping Corporation (ASC) held its Q4 2024 earnings call on February 13, 2025. Key participants included CEO Gernot Ruppelt and CFO Bart Kelleher. The call was attended by analysts such as Ben Nolan from Stifel.

Portfolio Pulse from

February 16, 2025 | 11:15 am

Ardmore Shipping (ASC) reported Q4 earnings of $0.25 per share, surpassing the Zacks Consensus Estimate of $0.21. However, this is a decrease from the $0.63 per share reported a year ago.

Portfolio Pulse from

February 13, 2025 | 3:30 pm

Ardmore Shipping Corporation reported its financial results for Q4 and the full year of 2024. The company announced adjusted earnings of $10.3 million for Q4 2024, a decrease from $26.1 million in Q4 2023.

Portfolio Pulse from

February 13, 2025 | 1:15 pm

The article discusses the potential investment value of Ardmore Shipping (ASC) based on Wall Street analysts' bullish views. It questions the impact of media reports on rating changes by sell-side analysts on stock prices.

Portfolio Pulse from

February 12, 2025 | 3:45 pm

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