Ardmore Shipping Corp is a maritime transportation company that specializes in the ownership and operation of a fleet of modern tankers used for the transport of petroleum and petroleum products
The company focuses on providing efficient and reliable shipping services to clients around the world, operating within the vital shipping routes of the global energy market. Through its commitment to safety, environmental stewardship, and operational excellence, Ardmore Shipping aims to meet the evolving needs of its customers while navigating the complexities of international maritime commerce.
As part of an ongoing series, each week we focus on one of the stocks on our stock screeners, and discuss how it could be a deeply undervalued gem. The stock this week is Ardmore Shipping Corp.
The market has seen a dip in U.S. liquidity, and only 19% of all stocks are beating the S&P 500 over the last four weeks. That hasn’t happened in over 20 years -- and possibly longer (likely the Dot-Com bust).
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Ardmore Shipping owns and operates a fleet of mid-size products and chemical tankers. Ardmore's share price increased about 6.7% from $14.10 to $15.05 as of Friday’s market close
On Tuesday morning, StealthGas Inc. reported another huge quarter. Adjusted EPS came in at 31 cents per share -- a big beat over average analyst estimates of only 15 cents per share. Is this a no-brainer buy? Well, nothing is ever that easy.
