ASC - the Geometry of a 2nd WaveInteresting shape formed off the resistance lines. It looks like it will drop to the mid 12's but will then have a sharp reversal toward circle A.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
3.60 USD
116.81 M USD
395.98 M USD
39.53 M
About Ardmore Shipping Corporation
Sector
Industry
CEO
Gernot Ruppelt
Website
Headquarters
Pembroke
Founded
2010
FIGI
BBG004SCC0R1
Ardmore Shipping Corp. provides seaborne transportation of petroleum products and chemicals. It engages in the provision of seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with modern, fuel-efficient fleet of mid-size products and chemical tankers. The firm also owns and operates a fleet of tankers. The company was founded by Anthony Gurnee on April 15, 2010 and is headquartered in Pembroke, Bermuda.
ASC Third Wave (Primary)So far, ASC has been a reasonably good wave follower and now looks poised to finish what has been an impressive 3rd wave. Also Love the low P/E, improving liquidity, strong analyst support, dividends, and track record of beating estimates.
(ASC) Ardmore Shipping CorporateASC is profitable, it has been delivering >5% EPS growth in the past 5 years and is projected to deliver >5% EPS growth in the future.
Debt/Equity ratio is <0.8x. I like it when it is less than 1x which means there is some liquidity there.
The shipping industry has been performing really well in t
REVIEW $ASCFA
V - Yes
I - Yes
G - Yes
TA
1 - W Bottom
2 - Broke downtrend line / Making Higher Highs, Higher Lows
3 - Broke major resistance
4 - Above MAs
Ardmore Shipping - Up 300%Ardmore Shipping engages in the seaborne transportation of petroleum products and chemicals worldwide.
It is up a bit over 300% over the last 12 months and is going through a bit of a pull back to a better value area.
Could be worth a watch to see if it recovers and continues to run.
Hold out for ASC to pull backI've been interested in ASC since I opened my positions in Teekay Tankers (TNK) and Frontline Ltd. (FRO). The macro background is very positive for this sector based (e.g. transporting petroleum products). However, this price action has gone parabolic. Looking at the monthly chart it's a straightlin
ACS had i been watching, could have been a decent start to a trade.. once it cleared the prior res from the last two days..
ASC - LongASC has been the gift that keeps giving for me.
It has strong Growth characteristics that the market is seeming to reward once again. Alongside this the company is an energy transportation play which is a sector I am focused on given the European energy market
The 20EMA acts as a Support, with th
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ASC is 12.15 USD — it has decreased by −5.52% in the past 24 hours. Watch Ardmore Shipping Corporation stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Ardmore Shipping Corporation stocks are traded under the ticker ASC.
ASC stock has fallen by −14.44% compared to the previous week, the month change is a −32.31% fall, over the last year Ardmore Shipping Corporation has showed a −8.51% decrease.
We've gathered analysts' opinions on Ardmore Shipping Corporation future price: according to them, ASC price has a max estimate of 22.00 USD and a min estimate of 15.00 USD. Watch ASC chart and read a more detailed Ardmore Shipping Corporation stock forecast: see what analysts think of Ardmore Shipping Corporation and suggest that you do with its stocks.
ASC stock is 6.59% volatile and has beta coefficient of 0.36. Track Ardmore Shipping Corporation stock price on the chart and check out the list of the most volatile stocks — is Ardmore Shipping Corporation there?
Today Ardmore Shipping Corporation has the market capitalization of 508.38 M, it has decreased by −5.11% over the last week.
Yes, you can track Ardmore Shipping Corporation financials in yearly and quarterly reports right on TradingView.
Ardmore Shipping Corporation is going to release the next earnings report on Feb 18, 2025. Keep track of upcoming events with our Earnings Calendar.
ASC earnings for the last quarter are 0.55 USD per share, whereas the estimation was 0.51 USD resulting in a 8.91% surprise. The estimated earnings for the next quarter are 0.40 USD per share. See more details about Ardmore Shipping Corporation earnings.
Ardmore Shipping Corporation revenue for the last quarter amounts to 96.12 M USD, despite the estimated figure of 65.10 M USD. In the next quarter, revenue is expected to reach 54.29 M USD.
ASC net income for the last quarter is 24.14 M USD, while the quarter before that showed 62.69 M USD of net income which accounts for −61.49% change. Track more Ardmore Shipping Corporation financial stats to get the full picture.
Yes, ASC dividends are paid quarterly. The last dividend per share was 0.38 USD. As of today, Dividend Yield (TTM)% is 8.72%. Tracking Ardmore Shipping Corporation dividends might help you take more informed decisions.
Ardmore Shipping Corporation dividend yield was 8.16% in 2023, and payout ratio reached 42.41%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 834.00 employees. See our rating of the largest employees — is Ardmore Shipping Corporation on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ardmore Shipping Corporation EBITDA is 179.76 M USD, and current EBITDA margin is 40.28%. See more stats in Ardmore Shipping Corporation financial statements.
Like other stocks, ASC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ardmore Shipping Corporation stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ardmore Shipping Corporation technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ardmore Shipping Corporation stock shows the sell signal. See more of Ardmore Shipping Corporation technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.