News articles about Ardmore Shipping (NYSE:ASC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ardmore Shipping earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the shipping company an impact score of 46.1417280625658 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several research analysts have recently commented on the company. Zacks Investment Research lowered Ardmore Shipping from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. ValuEngine lowered Ardmore Shipping from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Jefferies Group assumed coverage on Ardmore Shipping in a research report on Monday, December 18th. They issued a “buy” rating and a $11.00 price target for the company. Seaport Global Securities set a $12.00 price target on Ardmore Shipping and gave the stock a “buy” rating in a research report on Thursday, January 4th. Finally, Stifel Nicolaus set a $9.00 price target on Ardmore Shipping and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $10.33.

Ardmore Shipping (NYSE:ASC) opened at $7.85 on Friday. Ardmore Shipping has a one year low of $6.40 and a one year high of $9.05. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.27 and a current ratio of 1.44. The firm has a market capitalization of $263.57, a price-to-earnings ratio of -20.66, a P/E/G ratio of 7.57 and a beta of 0.98.

Ardmore Shipping (NYSE:ASC) last announced its earnings results on Wednesday, February 7th. The shipping company reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.03. Ardmore Shipping had a negative return on equity of 3.16% and a negative net margin of 6.37%. The firm had revenue of $30.23 million for the quarter, compared to the consensus estimate of $30.24 million. During the same period in the previous year, the business earned ($0.11) EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. analysts predict that Ardmore Shipping will post 0.1 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This story was first reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at

Ardmore Shipping Company Profile

Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals to national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The Company’s segment relates to the operations of its vessels. The Company’s fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation.

Insider Buying and Selling by Quarter for Ardmore Shipping (NYSE:ASC)

Receive News & Ratings for Ardmore Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ardmore Shipping and related companies with's FREE daily email newsletter.