Engineers Gate Manager LP Has $1.84 Million Holdings in Ardmore Shipping Corporation $ASC
MarketBeat
Engineers Gate Manager LP significantly increased its stake in Ardmore Shipping Corporation (ASC) by 228.8% in the second quarter, now holding 131,362 shares valued at $1.84 million. The company reported strong financial results, surpassing analyst estimates for both EPS and revenue, and doubled its quarterly dividend. Institutional investors hold a substantial portion of ASC's stock, and analysts maintain a "Moderate Buy" rating with an average price target of $17.00.
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