Ardmore Shipping Corporation with ticker code (ASC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 18 and 14 and has a mean target at 16.75. Now with the previous closing price of 13.41 this now indicates there is a potential upside of 24.9%. There is a 50 day moving average of 14.33 while the 200 day moving average is 10.17. The market cap for the company is $571m. Visit the company website at: https://ardmoreshipping.com
The potential market cap would be $713m based on the market concensus.
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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.
