After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
ASC belongs to the Industrials sector of the NYSE while operating in the Marine Shipping industry. The current market capitalization of Ardmore Shipping Corp is $480.83M. A total of 0.65 million shares were traded on the day, compared to an average of 748.72K shares.
In the most recent transaction, McWilliams Curtis B bought 5,000 shares of ASC for 17.80 per share on Sep 26 ’24. In a previous transaction on Sep 19 ’24, O’Driscoll Aideen Siobhan bought 12,063 shares at 17.56 per share.
Among the insiders who bought shares, Gurnee Anthony acquired of 159,611 shares on Sep 17 ’24 at a per-share price of $17.67. In another insider transaction, Gurnee Anthony bought 5,581 shares at $17.61 per share on Sep 16 ’24.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Ardmore Shipping Corp pays an annual dividend of $1.08, resulting in a dividend yield of 9.52%, and it has a price to earnings (P/E) ratio of 3.19. ASC’s most recent ex-dividend date was 8.3% when it declared a $0.18 quarterly dividend that was paid in cash on 11/29/2024. Previously, the company paid the dividend on 8/30/2024 with an ex-dividend date of 5.1%. The ASC stock dividend was $0.38 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ASC has a high of $23.44 and a low of $10.86.
As of this writing, ASC has an earnings estimate of $0.4 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.32.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ASC’s latest balance sheet shows that the firm has $55.45M in Cash & Short Term Investments as of fiscal 2021. There were $372.55M in debt and $58.50M in liabilities at the time. Its Book Value Per Share was $15.03, while its Total Shareholder’s Equity was $329.00M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ASC is Buy with a score of 4.33.
