Ardmore Shipping Corporation (ASC) Buy or Sell Stock Guide

Last updated: Sep 23, '17

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 quarterly revenue growth was 25.50%, higher than the industry and sector average revenue growth (4.62% and 3.60%, respectively).

2. ASC Price/Book ratio is 0.63, and it’s low compared to its industry peers’ P/B ratios.

3. ASC average analyst rating is Buy.

4. ASC average analyst price target ($9.84) is above its current price ($7.97).

Here are ASC stock sell reasons/signals:

1. ASC Price/Sales ratio is 1.40, and it’s high compared to its industry peers’ P/S ratios.

2. ASC short share of float is 11.63%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

3. ASC short interest (days to cover the shorts) ratio is 18.34. The stock garners more short interest than the average industry, sector or S&P 500 stock.

What are your thoughts on ASC?

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