Ardmore Shipping Corp (NYSE:ASC)’s traded shares stood at 0.86 million during the last session, with the company’s beta value hitting 0.01. At the close of trading, the stock’s price was $10.19, to imply an increase of 2.93% or $0.29 in intraday trading. The ASC share’s 52-week high remains $23.16, putting it -127.28% down since that peak but still an impressive 18.35% since price per share fell to its 52-week low of $8.32.
Analysts have given a consensus recommendation of Buy for Ardmore Shipping Corp (ASC), translating to a mean rating of 1.00. Of 4 analyst(s) looking at the stock, 0 analyst(s) give ASC a Sell rating. 1 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy.
Ardmore Shipping Corp (NYSE:ASC) trade information
After registering a 2.93% upside in the last session, Ardmore Shipping Corp (ASC) has traded red over the past five days. The 5-day price performance for the stock is 6.26%, and 2.62% over 30 days. With these gigs, the year-to-date price performance is -16.13%.
The extremes give us $8.5 and $20 for target low and target high price respectively. As such, ASC has been trading -96.27% off suggested target high and 16.58% from its likely low.
ASC Dividends
Ardmore Shipping Corp has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ardmore Shipping Corp has a forward dividend ratio of 0.69, with the share yield ticking at 6.77% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is BLACKROCK INC. with 2.52 million shares, or about 6.0397% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $56.81 million.
We also have American Century ETF Trust-Avantis U.S. Small Cap Value ETF and iShares Trust-iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Ardmore Shipping Corp (ASC) shares. Going by data provided on Apr 30, 2025 , American Century ETF Trust-Avantis U.S. Small Cap Value ETF holds roughly 1.36 shares. This is just over 3.35% of the total shares, with a market valuation of $13.85 million. Data from the same date shows that the other fund manager holds a little less at 1.03, or 2.52% of the shares, all valued at about 10.45 million.
