Ardmore Shipping Corporation (ASC) Buy or Sell Stock Guide

Last updated: Jun 04, '18

The analysis below may be helpful to you if you have any of the following questions about ASC stock:

  • Is ASC a buy or a sell?
  • Should I sell or hold ASC stock today?
  • Is ASC a good buy / a good investment?
  • What are ASC analyst opinions, recommendations, ratings?

Here are ASC stock buy reasons/signals:

1. ASC average analyst rating is Strong Buy.

2. ASC average analyst price target ($10.45) is above its current price ($8.15).

Here are ASC stock sell reasons/signals:

1. ASC quarterly revenue growth was 1.60%, lower than the industry and sector average revenue growth (3.88% and 4.96%, respectively).

2. ASC profitability is declining. The YoY profit margin change was -6.37pp.

3. ASC short share of float is 7.81%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

4. ASC short interest (days to cover the shorts) ratio is 15.18. The stock garners more short interest than the average industry, sector or S&P 500 stock.

What are your thoughts on ASC?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Comments (0)expand_more