Patience Might Pay Off With Stocks Like Ardmore Shipping Corporation (ASC)

Ardmore Shipping Corporation (ASC) has seen some recent activity in the market and its common shares finished trading at $4.5100 yesterday. Investors are starting to take interest of ASC as the common shares traded as high as $4.5100 and as low as $4.2100 in the last market session.

Ardmore Shipping Corporation (ASC) average trading volume is 482.48K. However, in the last market session Ardmore Shipping Corporation (ASC) traded 281,619 shares. The 1st downside support level on ASC is $3.96 and the 1st upside resistance level on ASC is $8.69. ASC fifty day moving average is $5.1251 and ASC 200-day moving average is $5.9651.

Ardmore Shipping Corporation (ASC) most recent performance has been indicated by the recent movement in ASC common shares. ASC has performed -22.77% over the past 4 weeks, ASC has performed -19.75% over the past 3 months and ASC has shown -44.66% over the past 12 months. Ardmore Shipping Corporation (ASC) has a 1 year range of $3.7300 to $9.7900. Ardmore Shipping Corporation (ASC) is trading 20.91% from its 1 year low and -53.93% from its 1 year high. Ardmore Shipping Corporation (ASC) is displaying a 1.83% short float displaying the amount short in the float.

ASC has 33.20M shares outstanding and 33.10M shares in the float. Ardmore Shipping Corporation (ASC) presently has a market cap of $155.55M and income of -7.20M. The EPS next quarter for ASC is 0.55 and projected EPS next year is -59.69%. The market cap of Ardmore Shipping Corporation (ASC) at $155.55M signifies how many Investors own shares of ASC and is based off the last price ($4.5100) of ASC and the amount of shares outstanding (33.20M) with Ardmore Shipping Corporation (ASC).

Ardmore Shipping Corporation (ASC) has total cash (mrq) of 64.47M, total cash per share (mrq) of 1.94, total debt of ASC is at 428.1M and total debt/equity (mrq) is 129.07. . Ardmore Shipping Corporation (ASC) running cash flow (ttm) is 30.82M, ASC leveraged free cash flow (ttm) is 35.09M.

ASC is trading -9.28% below (bearish) its SMA20, -17.75% below (bearish) its SMA50 and -31.75% below (bearish) its SMA200.