Ardmore Shipping traded at $18.25 this Monday August 24th, decreasing $0.15 or 0.82 percent since the previous trading session. Looking back, over the last four weeks, Ardmore Shipping lost 11.35 percent. Over the last 12 months, its price rose by 59.25 percent. Looking ahead, we forecast Ardmore Shipping to be priced at 17.65 by the end of this quarter and at 15.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals to national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The Company's segment relates to the operations of its vessels. The Company's fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation. The Company's vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Seavantage, Ardmore Seavanguard, Ardmore Sealion, Ardmore Seafox, Ardmore Seahawk, Ardmore Endeavour, Ardmore Seafarer, Ardmore Seatrader, Ardmore Seamaster and Ardmore Sealeader. The Company has over 30 subsidiaries, the majority of which represent single ship-owning companies for its fleet. Its subsidiaries include Ardmore Shipping (Bermuda) Limited (ASBL), Ardmore Shipping Services (Ireland) Limited (ASSIL), Ardmore Shipping (Asia) Pte. Limited and Ardmore Shipping (Americas) LLC.