Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Ardmore Shipping Corp (NYSE: ASC) improved of late. ASC’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Ardmore Shipping Corp (NYSE: ASC) stock declined modestly by -1.6% on 2/21/25. The stock closed at $10.03. Trading volume in this decline was normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -13.1% during the last week.
Current PriceTarget Research Rating
Ardmore Shipping has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ardmore Shipping has a very high Appreciation Score of 88 but a very low Power Rating of 0, with the Low Neutral Value Trend Rating the result.
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