Ardmore Shipping Corp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 32 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 15.95.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ardmore Shipping Corp's Score
Industry at a Glance
Industry Ranking
32 / 97
Overall Ranking
121 / 4521
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Ardmore Shipping Corp Highlights
StrengthsRisks
Ardmore Shipping Corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. It operates through a single segment, which is transportation of refined petroleum products and chemicals. It provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. It provides shipping services to customers through voyage charters, time charters, and commercial pools. It has approximately 26 vessels in operation. Its vessels include Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Gibraltar, Ardmore Seafox, and Ardmore Seavaliant, among others. It charters its vessels through a combination of spot and time-charter arrangements.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 35.05%.
Fairly Valued
The company’s latest PB is 0.85, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 28.08M shares, increasing 0.00% quarter-over-quarter.
Ardmore Shipping Corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. It operates through a single segment, which is transportation of refined petroleum products and chemicals. It provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. It provides shipping services to customers through voyage charters, time charters, and commercial pools. It has approximately 26 vessels in operation. Its vessels include Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Gibraltar, Ardmore Seafox, and Ardmore Seavaliant, among others. It charters its vessels through a combination of spot and time-charter arrangements.