Ardmore Shipping Corporation (ASC) Shares Slide -2.77%

Ardmore Shipping Corporation (ASC) : During the past 4 weeks, traders have been relatively bearish on Ardmore Shipping Corporation (ASC), hence the stock is down -6.06% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.7% relative to the S&P 500. The 4-week change in the price of the stock is -2.9% and the stock has fallen -2.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 11.69%. Ardmore Shipping Corporation has dropped 23.45% during the last 3-month period . Year-to-Date the stock performance stands at -42.74%.


Ardmore Shipping Corporation (NYSE:ASC): stock turned positive on Friday. Though the stock opened at $6.9, the bulls momentum made the stock top out at $7.23 level for the day. The stock recorded a low of $6.9 and closed the trading day at $7.03, in the green by 1.01%. The total traded volume for the day was 1,192,143. The stock had closed at $6.96 in the previous days trading.

Ardmore Shipping Corporation (Ardmore) provides seaborne transportation of petroleum products and chemicals to oil companies, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. As of December 31, 2014, Ardmore had 14 vessels in operation and 10 vessels under construction. The Companys vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Endeavour, Ardmore Seafarer, Ardmore Centurion, and Ardmore Capella, among others. Ardmore has 32 wholly owned subsidiaries, which represent single ship-owning companies for the Companys fleet. Ardmore Shipping (Bermuda) Limited (ASBL) carries out the Ardmores management services and functions. Ardmore Shipping Services (Ireland) Limited (ASSIL), which is a subsidiary incorporated in Ireland, provides the Companys corporate, accounting and fleet administration services.

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