Ardmore Shipping Corporation (ASC) Buy or Sell Stock Guide

Last updated: May 02, '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 quarterly revenue growth was 10.60%, higher than the industry and sector average revenue growth (4.12% and 4.93%, respectively).

2. ASC average analyst rating is Strong Buy.

3. ASC average analyst price target ($10.21) is above its current price ($8.00).

Here are ASC stock sell reasons/signals:

1. ASC PEG ratio (P/E adjusted for growth) is 3.80, and it’s high compared to its industry peers’ PEG ratios.

2. 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.

3. 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.

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