Ardmore Shipping Corp’s recent filing unveils that its Officer Gaina Robert Cristian acquired Company’s shares for reported $31553.0 on Mar 31 ’25. In the deal valued at $9.90 per share,3,186 shares were bought.
Then, O’Driscoll Aideen Siobhan bought 1,968 shares, generating $19,490 in total proceeds.
Before that, Ruppelt Gernot bought 11,044 shares. Ardmore Shipping Corp shares valued at $110,021 were divested by the Officer at a price of $9.96 per share.
Stifel downgraded its Ardmore Shipping Corp [ASC] rating to a Hold from a a Buy in a research note published on October 23, 2024; the price target was decreased to $17 from $24. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. H.C. Wainwright revised its rating on April 29, 2021. It rated ASC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ASC
On Tuesday, Ardmore Shipping Corp [NYSE:ASC] saw its stock fall -0.60% to $9.90. Over the last five days, the stock has gained 2.38%. Ardmore Shipping Corp shares have fallen nearly -18.52% since the year began. Nevertheless, the stocks have fallen -42.68% over the past one year. While a 52-week high of $23.44 was reached on 01/13/25, a 52-week low of $8.32 was recorded on 04/09/25. SMA at 50 days reached $9.56, while 200 days put it at $13.61.
Levels Of Support And Resistance For ASC Stock
The 24-hour chart illustrates a support level at 9.72, which if violated will result in even more drops to 9.54. On the upside, there is a resistance level at 10.17. A further resistance level may holdings at 10.44. The Relative Strength Index (RSI) on the 14-day chart is 56.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.82%. Stochastics %K at 87.56% indicates the stock is a selling.
The most recent change occurred on March 29, 2021 when H.C. Wainwright began covering the stock and recommended ‘”a Neutral”‘ rating along with a $5.50 price target.
