Ardmore Shipping Corp (ASC) is Trading Lower on Unusual Volume for January 12

Equities Staff |

Ardmore Shipping Corp (ASC) experienced unusually high volume on Jan. 12, as the stock lost 5.76% to a closing price of $10.15. The stock saw 369,858 shares trade hands over the course of the day on 2,114 trades. Given that the stock’s average daily volume over the last month has been 198,391 shares a day, this represents a pretty substantial spike over the norm.

Ardmore Shipping Corp has a P/B ratio of 0.76. It also has a P/E ratio of 9.8. The stock has traded between $15.07 and $9.55 over the last 52-weeks, its 50-day SMA is now $12.39, and its 200-day SMA $11.91.

Ardmore Shipping Corp is engaged in the ocean transportation of petroleum and chemical products in international trade through the ownership and operation of a fleet of tankers.

Headquartered in Hamilton, , Ardmore Shipping Corp has 4 employees and is currently under the leadership of CEO Anthony Gurnee.

For a complete fundamental analysis analysis of Ardmore Shipping Corp, check out’s Stock Valuation Analysis report for ASC. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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