Ardmore Shpng Stock Today
ASC Stock | USD 12.02 0.25 2.12% |
Performance0 of 100
| Odds Of DistressLess than 1
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Ardmore Shpng is trading at 12.02 as of the 30th of January 2025, a 2.12 percent increase since the beginning of the trading day. The stock's open price was 11.77. Ardmore Shpng has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on January 7, 2025, Representative Virginia Foxx of US Congress acquired $15k to $50k worth of Ardmore Shpng's common stock.
Business Domain Energy | IPO Date 1st of August 2013 | Category Industrials |
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company was founded in 2010 and is based in Pembroke, Bermuda. Ardmore Shipping is traded on New York Stock Exchange in the United States. The company has 42.01 M outstanding shares of which 2.08 M shares are presently shorted by investors with about 2.67 days to cover. More on Ardmore Shpng
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Ardmore Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
CEO | Anthony Gurnee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Transportation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | ABG Sundal Collier Holding ASA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Oil & Gas Storage & Transportation, Marine Shipping, Industrials, NYSE Composite, Oslo Exchange Mutual, Oslo All Share, Karachi All Share, OBX Financials GR, OSE Benchmark, Transportation, Energy, Oil, Gas & Consumable Fuels, Marine Shipping, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsArdmore Shpng can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ardmore Shpng's financial leverage. It provides some insight into what part of Ardmore Shpng's total assets is financed by creditors.
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Ardmore Shpng (ASC) is traded on New York Stock Exchange in USA. It is located in Belvedere Building, Pembroke, Bermuda, HM08 and employs 56 people. Ardmore Shpng is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 494.47 M. Ardmore Shpng runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 42.01 M outstanding shares of which 2.08 M shares are presently shorted by investors with about 2.67 days to cover.
Ardmore Shpng has about 50.57 M in cash with 159.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22.
Check Ardmore Shpng Probability Of Bankruptcy
Ownership AllocationArdmore Shpng holds a total of 42.01 Million outstanding shares. The majority of Ardmore Shpng outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ardmore Shpng to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ardmore Shpng. Please pay attention to any change in the institutional holdings of Ardmore Shpng as this could imply that something significant has changed or is about to change at the company. Please note that on January 7, 2025, Representative Virginia Foxx of US Congress acquired $15k to $50k worth of Ardmore Shpng's common stock.
Check Ardmore Ownership Details
Ardmore Stock Institutional Holders
Instituion | Recorded On | Shares | |
Morgan Stanley - Brokerage Accounts | 2024-09-30 | 722.8 K | |
Royce & Associates, Lp | 2024-09-30 | 668.8 K | |
Vanguard Group Inc | 2024-09-30 | 617 K | |
Foundry Partners, Llc | 2024-09-30 | 565.3 K | |
Geode Capital Management, Llc | 2024-09-30 | 562.4 K | |
Wells Fargo & Co | 2024-09-30 | 529.2 K | |
Jpmorgan Chase & Co | 2024-09-30 | 518.2 K | |
Qube Research & Technologies | 2024-09-30 | 514.5 K | |
Goldman Sachs Group Inc | 2024-09-30 | 452.9 K | |
Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.7 M | |
Blackrock Inc | 2024-09-30 | 2.6 M |
Ardmore Shpng Historical Income Statement
Ardmore Stock Against Markets
Ardmore Shpng Corporate Directors
Mats Berglund | Independent Director | Profile | |
Kirsi Tikka | Independent Director | Profile | |
Brian Dunne | Independent Director | Profile | |
Helen Jong | Independent Director | Profile |
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The danger of trading Ardmore Shpng is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ardmore Shpng is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ardmore Shpng. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ardmore Shpng is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardmore Shpng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardmore Shpng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.122 | Dividend Share 1.08 | Earnings Share 3.55 | Revenue Per Share | Quarterly Revenue Growth 0.106 |
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.