Ardmore Shipping Corporation (ASC) Soars 5.81%

Ardmore Shipping Corporation (ASC) Soars 5.81%

Ardmore Shipping Corporation (ASC) had a good day on the market for Wednesday April 10 as shares jumped 5.81% to close at $6.37. About 428,913 shares traded hands on 2,499 trades for the day, compared with an average daily volume of n/a shares out of a total float of 33.1 million. After opening the trading day at $6.09, shares of Ardmore Shipping Corporation stayed within a range of $6.38 to $6.04.

With today’s gains, Ardmore Shipping Corporation now has a market cap of $210.83 million. Shares of Ardmore Shipping Corporation have been trading within a range of $8.75 and $4.22 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. The company’s main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.

Ardmore Shipping Corporation is based out of Hamilton, and has some 1,128 employees. Its CEO is Anthony Gurnee.

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