Ratio Review: Analyzing Ardmore Shipping Corp (ASC)’s Price-to-Cash and Price-to-Free Cash Flow

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After finishing at $22.41 in the prior trading day, Ardmore Shipping Corp (NYSE: ASC) closed at $22.51, up 0.45%. In other words, the price has increased by $0.45 from its previous closing price. On the day, 1.06 million shares were traded. ASC stock price reached its highest trading level at $23.1465 during the session, while it also had its lowest trading level at $22.34.


Our goal is to gain a better understanding of ASC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.04.

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 this company, Jefferies on July 21, 2022, initiated with a Buy rating and assigned the stock a target price of $10.

H.C. Wainwright Upgraded its Neutral to Buy on April 29, 2021, while the target price for the stock was maintained at $5.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASC now has a Market Capitalization of 939324288 and an Enterprise Value of 995370880. As of this moment, Ardmore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.67, and their Forward P/E ratio for the next fiscal year is 7.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 2.592 whereas that against EBITDA is 6.616.

Stock Price History:

Over the past 52 weeks, ASC has reached a high of $23.44, while it has fallen to a 52-week low of $11.59. The 50-Day Moving Average of the stock is 22.32%, while the 200-Day Moving Average is calculated to be 47.46%.

Shares Statistics:

The stock has traded on average 635.98K shares per day over the past 3-months and 858180 shares per day over the last 10 days, according to various share statistics. A total of 41.30M shares are outstanding, with a floating share count of 37.37M. Insiders hold about 10.45% of the company’s shares, while institutions hold 67.14% stake in the company. Shares short for ASC as of 1715731200 were 1653018 with a Short Ratio of 2.60, compared to 1713139200 on 916570. Therefore, it implies a Short% of Shares Outstanding of 1653018 and a Short% of Float of 4.01.

Dividends & Splits

In the trailing 12 months, ASC’s forward annual dividend rate was 0.87, compared to 0.87 this year. Against a Trailing Annual Dividend Yield of 0.038821954

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