- ASC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.8 million.
- ASC has traded 81,329 shares today.
- ASC is trading at 5.27 times the normal volume for the stock at this time of day.
- ASC is trading at a new high 3.05% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in ASC with the Ticky from Trade-Ideas. See the FREE profile for ASC NOW at Trade-Ideas More details on ASC: Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals through product and chemical tankers worldwide. As of December 31, 2015, the company operated 24 vessels. The stock currently has a dividend yield of 7.9%. ASC has a PE ratio of 8. Currently there are 8 analysts that rate Ardmore Shipping a buy, no analysts rate it a sell, and none rate it a hold.