Ardmore Shipping (ASC) News Today

$22.36
-0.20 (-0.89%)
(As of 05/17/2024 08:53 PM ET)
Ardmore Shipping (NYSE:ASC) Upgraded at StockNews.com
Ardmore Shipping (NYSE:ASC) Upgraded to "Buy" by StockNews.com
StockNews.com raised Ardmore Shipping from a "hold" rating to a "buy" rating in a report on Wednesday.
Ardmore Shipping (NYSE:ASC) Hits New 12-Month High at $21.19
Ardmore Shipping (NYSE:ASC) Reaches New 12-Month High at $21.19
Ardmore Shipping enjoys tanker market revenge
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Ardmore Shipping Co. (NYSE:ASC) to Issue Quarterly Dividend of $0.31
Ardmore Shipping Co. (NYSE:ASC) announced a quarterly dividend on Thursday, May 9th. Shareholders of record on Friday, May 31st will be given a dividend of 0.31 per share by the shipping company on Friday, June 14th. This represents a $1.24 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date is Friday, May 31st. This is an increase from Ardmore Shipping's previous quarterly dividend of $0.21.
Ardmore Shipping (NYSE:ASC) Announces Quarterly Earnings Results
Ardmore Shipping (NYSE:ASC - Get Free Report) released its quarterly earnings results on Wednesday. The shipping company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.05. The company had revenue of $106.30 million for the quarter, compared to analysts' expectations of $72.46 million. Ardmore Shipping had a return on equity of 22.76% and a net margin of 29.50%. The business's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 earnings per share.
Ardmore Shipping (NYSE:ASC) PT Raised to $21.00
Jefferies Financial Group increased their price target on Ardmore Shipping from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Wednesday.
Ardmore Shipping: Q1 Earnings Snapshot
Ardmore Shipping (NYSE:ASC) Stock Price Up 8.5%
Ardmore Shipping (NYSE:ASC) Trading 8.5% Higher
Russell Investments Group Ltd. Raises Holdings in Ardmore Shipping Co. (NYSE:ASC)
Russell Investments Group Ltd. boosted its stake in shares of Ardmore Shipping Co. (NYSE:ASC - Free Report) by 51.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 606,898 shares of the shippi
Ardmore Shipping (NYSE:ASC) Reaches New 1-Year High at $17.67
Ardmore Shipping (NYSE:ASC) Reaches New 1-Year High at $17.67
Ardmore Shipping (ASC) Scheduled to Post Earnings on Wednesday
Ardmore Shipping (NYSE:ASC) will be releasing earnings before the market opens on Wednesday, May 8, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=589027)
Ardmore Shipping (NYSE:ASC) Sets New 12-Month High at $17.17
Ardmore Shipping (NYSE:ASC) Hits New 1-Year High at $17.17
Ardmore Shipping (NYSE:ASC) Cut to Hold at StockNews.com
StockNews.com downgraded Ardmore Shipping from a "buy" rating to a "hold" rating in a research report on Monday.
Glenorchy Capital Ltd Makes New $2.08 Million Investment in Ardmore Shipping Co. (NYSE:ASC)
Glenorchy Capital Ltd purchased a new position in shares of Ardmore Shipping Co. (NYSE:ASC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 147,700 shares of the shipping compa
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Stifel Nicolaus Increases Ardmore Shipping (NYSE:ASC) Price Target to $22.00
Stifel Nicolaus lifted their target price on shares of Ardmore Shipping from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Friday.
Short Interest in Ardmore Shipping Co. (NYSE:ASC) Declines By 8.0%
Ardmore Shipping Co. (NYSE:ASC - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 984,300 shares, a decrease of 8.0% from the March 15th total of 1,070,000 shares. Based on an average daily trading volume, of 661,800 shares, the short-interest ratio is presently 1.5 days.
Ardmore Shipping (NYSE:ASC) Trading Up 3.3%
Ardmore Shipping (NYSE:ASC) Trading Up 3.3%
Ardmore Shipping (NYSE:ASC) Stock Price Down 4.7%
Ardmore Shipping (NYSE:ASC) Shares Down 4.7%
Ardmore Shipping (NYSE:ASC) Shares Pass Below Fifty Day Moving Average of $16.27
Ardmore Shipping (NYSE:ASC) Shares Cross Below 50-Day Moving Average of $16.27
Ardmore Shipping Co. (NYSE:ASC) Short Interest Update
Ardmore Shipping Co. (NYSE:ASC - Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,070,000 shares, a drop of 21.9% from the February 29th total of 1,370,000 shares. Based on an average daily trading volume, of 675,500 shares, the days-to-cover ratio is presently 1.6 days.
Ardmore Shipping (NYSE:ASC) Lifted to "Buy" at StockNews.com
StockNews.com upgraded Ardmore Shipping from a "hold" rating to a "buy" rating in a research report on Monday.
Ardmore Shipping Corporation (ASC)
Healthcare of Ontario Pension Plan Trust Fund Sells 211,209 Shares of Ardmore Shipping Co. (NYSE:ASC)
Healthcare of Ontario Pension Plan Trust Fund reduced its stake in shares of Ardmore Shipping Co. (NYSE:ASC - Free Report) by 98.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,500 shares of the shipping compa
Acadian Asset Management LLC Sells 465,592 Shares of Ardmore Shipping Co. (NYSE:ASC)
Acadian Asset Management LLC lowered its holdings in shares of Ardmore Shipping Co. (NYSE:ASC - Free Report) by 81.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 103,524 shares of the shipping company's stock after selling 465,592 shares during the per
Ardmore Shipping Co. (NYSE:ASC) Stock Holdings Lessened by Aviva PLC
Aviva PLC trimmed its position in Ardmore Shipping Co. (NYSE:ASC - Free Report) by 58.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,204 shares of the shipping company's stock after selling 65,9
Ardmore Shipping: Solid Q4, But Q1 Will Be Even Better
INSW Sep 2024 70.000 put
Ardmore Shipping Corp
Stifel Nicolaus Keeps Their Buy Rating on Ardmore Shipping (ASC)
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ASC Media Mentions By Week

ASC Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ASC
News Sentiment

0.46

0.56

Average
Transportation
News Sentiment

ASC News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ASC Articles
This Week

6

2

ASC Articles
Average Week

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This page (NYSE:ASC) was last updated on 5/20/2024 by MarketBeat.com Staff

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