RY 144.17 0.4529% TD 77.39 0.0517% SHOP 78.87 -1.3878% CNR 171.64 0.5625% ENB 50.09 -0.4769% CP 110.62 0.6277% BMO 128.85 -0.548% TRI 233.58 1.1563% CNQ 103.29 -0.174% BN 60.87 -0.2295% ATD 75.6 -1.447% CSU 3697.0 1.1582% BNS 65.76 -0.3485% CM 66.6 -0.5525% SU 54.21 1.1569% TRP 53.15 0.3398% NGT 58.54 -0.3405% WCN 226.5 0.4123% MFC 35.905 0.9986% BCE 46.75 -0.5954%
Ardmore Shipping Corporation
Company Overview: Ardmore Shipping Corporation (NYSE: ASC) is engaged in the ownership and operation of products and chemical tankers in worldwide trade. The Company operates through one segment, which is transportation of refined petroleum products and chemicals. The Company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size products and chemical tankers.
As per our previous US Inflation report published on ‘ASC’ on 12th April 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 16.28 based on “expected valuation upside, attractive valuation, risks associated, positive outlook and trading levels” and the stock price has now moved by ~8.84% since then and has attained resistance 1.
Noted below are the details of support and resistance levels provided in our previous report:
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