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How to buy Ardmore Shipping Corporation stock
Own Ardmore Shipping Corporation stock in just a few minutes.
Fact checked
Ardmore Shipping Corporation is a marine shipping business based in the US. Ardmore Shipping Corporation shares (ASC) are listed on the NYSE and all prices are listed in US Dollars.
How to buy shares in Ardmore Shipping Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Ardmore Shipping Corporation. Find the stock by name or ticker symbol: ASC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Ardmore Shipping Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Ardmore Shipping Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Ardmore Shipping Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- ASC shares summary
- Compare share dealing platforms
- Is ASC stock a buy or sell?
- Stock performance over time
- Can I short ASC shares?
- Are ASC shares over-valued?
- Ardmore Shipping Corporation's financials
- How volatile are ASC shares?
- Does Ardmore Shipping Corporation pay a dividend?
- Other common questions
Ardmore Shipping Corporation share price
Use our graph to track the performance of ASC stocks over time.Ardmore Shipping Corporation shares at a glance
Information last updated 2021-02-23.
| 52-week range | USD$2.61 - USD$7.92 |
|---|---|
| 50-day moving average | USD$3.6315 |
| 200-day moving average | USD$3.4411 |
| Wall St. target price | USD$5.43 |
| PE ratio | 8.7561 |
| Dividend yield | USD$0.05 (1.16%) |
| Earnings per share (TTM) | USD$0.46 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Ardmore Shipping Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is Ardmore Shipping Corporation under- or over-valued?
Valuing Ardmore Shipping Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ardmore Shipping Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ardmore Shipping Corporation's P/E ratio
Ardmore Shipping Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Ardmore Shipping Corporation shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Ardmore Shipping Corporation's EBITDA
Ardmore Shipping Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$50.8 million.
The EBITDA is a measure of a Ardmore Shipping Corporation's overall financial performance and is widely used to measure a its profitability.
Ardmore Shipping Corporation financials
| Revenue TTM | USD$220.1 million |
|---|---|
| Operating margin TTM | 8.45% |
| Gross profit TTM | USD$68.7 million |
| Return on assets TTM | 1.53% |
| Return on equity TTM | -1.87% |
| Profit margin | -2.75% |
| Book value | $9.653 |
| Market capitalisation | USD$136.7 million |
TTM: trailing 12 months
Shorting Ardmore Shipping Corporation shares
There are currently 912,471 Ardmore Shipping Corporation shares held short by investors – that's known as Ardmore Shipping Corporation's "short interest". This figure is 1% down from 921,655 last month.
There are a few different ways that this level of interest in shorting Ardmore Shipping Corporation shares can be evaluated.
Ardmore Shipping Corporation's "short interest ratio" (SIR)
Ardmore Shipping Corporation's "short interest ratio" (SIR) is the quantity of Ardmore Shipping Corporation shares currently shorted divided by the average quantity of Ardmore Shipping Corporation shares traded daily (recently around 317934.14634146). Ardmore Shipping Corporation's SIR currently stands at 2.87. In other words for every 100,000 Ardmore Shipping Corporation shares traded daily on the market, roughly 2870 shares are currently held short.
However Ardmore Shipping Corporation's short interest can also be evaluated against the total number of Ardmore Shipping Corporation shares, or, against the total number of tradable Ardmore Shipping Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ardmore Shipping Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Ardmore Shipping Corporation shares in existence, roughly 30 shares are currently held short) or 0.0274% of the tradable shares (for every 100,000 tradable Ardmore Shipping Corporation shares, roughly 27 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ardmore Shipping Corporation.
Find out more about how you can short Ardmore Shipping Corporation stock.
Ardmore Shipping Corporation share dividends
Dividend payout ratio: 10.87% of net profits
Recently Ardmore Shipping Corporation has paid out, on average, around 10.87% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.98% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ardmore Shipping Corporation shareholders could enjoy a 0.98% return on their shares, in the form of dividend payments. In Ardmore Shipping Corporation's case, that would currently equate to about $0.05 per share.
While Ardmore Shipping Corporation's payout ratio might seem low, this can signify that Ardmore Shipping Corporation is investing more in its future growth.
Ardmore Shipping Corporation's most recent dividend payout was on 28 February 2020. The latest dividend was paid out to all shareholders who bought their shares by 20 February 2020 (the "ex-dividend date").
Ardmore Shipping Corporation share price volatility
Over the last 12 months, Ardmore Shipping Corporation's shares have ranged in value from as little as $2.61 up to $7.92. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ardmore Shipping Corporation's is 1.0752. This would suggest that Ardmore Shipping Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Ardmore Shipping Corporation overview
Ardmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. As of August 30, 2019, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, and chemical companies. The company was founded in 2010 and is based in Pembroke, Bermuda.
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