Ardmore Shipping Corp. Aktie News

HAMILTON, Bermuda , April 24, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens Wednesday, May 8, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time.

Recent market downturn due to inflation, high rates, geopolitics, and commodity costs presents dividend stock buying opportunities for higher yields, growth stability, and an inflation hedge. Dividend payments worldwide and in the U.S. hit all-time highs in 2023, a year that ended with record levels of cash on corporate balance sheets. Using SA's Dividend Scorecard, the Quant Team picked 10 sto...

If you've been keeping up with the news lately, you know tensions in the Middle East have been escalating significantly. While they've calmed down for the moment, as long as conflict continues raging in the region, it's only a matter of time before the next major flare-up.

Ardmore Shipping Corporation is a transportation company that specializes in medium-range tankers for petroleum and chemical products. ASC has reduced its debt and improved its cash breakeven per day, making it a less risky venture for lenders. The current market dynamics for tankers are favorable, with elevated rates, ship prices and scrap values likely to remain high due to supply-demand imba...

MR tankers market is expected to remain strong in 2024 due to limited vessel supply and growing tonne-mile demand for petrol products. Ardmore Shipping is a niche bet on the growing deficit of MR tankers. The company has an MR-focused fleet with an average age of 9.6 years. FY23 revenue and net income declined despite the strong day rates. However, ASC delivered strong cash flow growth YoY. ASC...

HAMILTON, Bermuda, March 15, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC"). In compliance with the New York Stock Exchange rules, a copy of the Form 20-F can be found in t...

Ardmore Shipping has successfully closed the valuation gap and is now trading more in line with peers.

Steven Cress discusses how Seeking Alpha's Alpha Picks portfolio has achieved a return of 114% compared to the S&P 500's 32% since its launch in July 2022. Alpha Picks is a quantamental portfolio that selects the 2 best stocks from Seeking Alpha's Quant Strong Buys on a monthly basis.