Home » USA Broker Ratings » Ardmore Shipping Corporation – Consensus Indicates Potential 57.9% Upside

Ardmore Shipping Corporation – Consensus Indicates Potential 57.9% Upside

Ardmore Shipping Corporation with ticker code (ASC) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 11 and 8 calculating the average target price we see 9.74. With the stocks previous close at 6.17 this indicates there is a potential upside of 57.9%. The 50 day MA is 5.68 while the 200 day moving average is 6.49. The company has a market capitalisation of $197m. Visit the company website at: http://ardmoreshipping.com

Ardmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. As of August 30, 2019, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, and chemical companies. The company was founded in 2010 and is based in Pembroke, Bermuda.

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