Ardmore Shipping Corp (NYSE: ASC) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Ardmore Shipping Corp (NYSE: ASC) has recently experienced meaningful negative changes in fundamentals: the consensus estimate for December, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ASC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Ardmore Shipping has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Ardmore Shipping has a slightly positive Appreciation Score of 70 and a very high Power Rating of 99, producing the Highest Value Trend Rating.
Recent Price Action
On 9/4/24, Ardmore Shipping Corp (NYSE: ASC) stock rose slightly by 0.1%, closing at $17.63. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.3% during the last week.
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