For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Ardmore Shipping Corp (NYSE: ASC) closed the day trading at $9.47 down -4.54% from the previous closing price of $9.92. In other words, the price has decreased by -$4.54 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
For a better understanding of ASC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.53. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 3.73. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on October 23, 2024, Downgraded its rating to Hold and sets its target price to $17 from $24 previously.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 31 ’25 when Gaina Robert Cristian bought 3,186 shares for $9.90 per share.
O’Driscoll Aideen Siobhan bought 1,968 shares of ASC for $19,490 on Mar 31 ’25. On Mar 31 ’25, another insider, Ruppelt Gernot, who serves as the Officer of the company, bought 11,044 shares for $9.96 each.
Valuation Measures:
As of this moment, Ardmore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.15, and their Forward P/E ratio for the next fiscal year is 7.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.63.
Stock Price History:
Over the past 52 weeks, ASC has reached a high of $23.19, while it has fallen to a 52-week low of $8.32. The 50-Day Moving Average of the stock is -1.75%, while the 200-Day Moving Average is calculated to be -26.12%.
Shares Statistics:
A total of 40.62M shares are outstanding, with a floating share count of 38.57M. Insiders hold about 5.07% of the company’s shares, while institutions hold 68.26% stake in the company.
