OTCQX
ASCJF

American Shipping Company ASA

Marine Shipping
Industrials

Prices are adjusted according to historical splits.

American Shipping Company ASA Stock Price

Vitals

Today's Low:
$3.915
Today's High:
$3.96
Open Price:
$3.96
52W Low:
$2.9618
52W High:
$4.4192
Prev. Close:
$4
Volume:
600

Company Statistics

Market Cap.:
$258.71 million
Book Value:
2.435
Revenue TTM:
$93.65 million
Operating Margin TTM:
0%
Gross Profit TTM:
$88.60 million
Profit Margin:
0%
Return on Assets TTM:
4.21%
Return on Equity TTM:
11.51%

Company Profile

American Shipping Company ASA had its IPO on under the ticker symbol ASCJF.

The company operates in the Industrials sector and Marine Shipping industry. American Shipping Company ASA has a staff strength of 3 employees.

Stock update

Shares of American Shipping Company ASA opened at $3.96 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.92 - $3.96, and closed at $3.92.

This is a -2.13% slip from the previous day's closing price.

A total volume of 600 shares were traded at the close of the day’s session.

In the last one week, shares of American Shipping Company ASA have slipped by -0.89%.

American Shipping Company ASA's Key Ratios

American Shipping Company ASA has a market cap of $258.71 million, indicating a price to book ratio of 1.6855 and a price to sales ratio of 3.594.

In the last 12-months American Shipping Company ASA’s revenue was $93.65 million with a gross profit of $88.60 million and an EBITDA of $88.53 million. The EBITDA ratio measures American Shipping Company ASA's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, American Shipping Company ASA’s operating margin was 0% while its return on assets stood at 4.21% with a return of equity of 11.51%.

In Q1, American Shipping Company ASA’s quarterly earnings growth was a negative -48.8% while revenue growth was a positive 23.6%.

American Shipping Company ASA’s PE and PEG Ratio

Forward PE
8.0645
Trailing PE
18.9474
PEG
0

Its diluted EPS in the last 12-months stands at $0.19 per share while it has a forward price to earnings multiple of 8.0645 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into American Shipping Company ASA’s profitability.

American Shipping Company ASA stock is trading at a EV to sales ratio of 8.8494 and a EV to EBITDA ratio of 12.6498. Its price to sales ratio in the trailing 12-months stood at 3.594.

American Shipping Company ASA stock pays annual dividends of $0 per share, indicating a yield of 13.33% and a payout ratio of 1.71%.

Balance sheet and cash flow metrics

Total Assets
$810.90 million
Total Liabilities
$68.90 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
1.71%

American Shipping Company ASA ended 2024 with $810.90 million in total assets and $0 in total liabilities. Its intangible assets were valued at $810.90 million while shareholder equity stood at $169.70 million.

American Shipping Company ASA ended 2024 with $0 in deferred long-term liabilities, $68.90 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $30.50 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $553.40 million.

American Shipping Company ASA’s total current assets stands at $47.40 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $12.40 million compared to accounts payable of $1.20 million and inventory worth $0.

In 2024, American Shipping Company ASA's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, American Shipping Company ASA paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price
$3.92
52-Week High
$4.4192
52-Week Low
$2.9618
Analyst Target Price
$

American Shipping Company ASA stock is currently trading at $3.92 per share. It touched a 52-week high of $4.4192 and a 52-week low of $4.4192. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $3.77 and 200-day moving average was $3.51 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 3106.4% of the company’s stock are held by insiders while 1564.4% are held by institutions.

Frequently Asked Questions About American Shipping Company ASA

The stock symbol (also called stock or share ticker) of American Shipping Company ASA is ASCJF

The IPO of American Shipping Company ASA took place on

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About

AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company purchases and bareboat charters out vessels to operators and end users. It operates a fleet of nine product tankers, one shuttle tanker, and one subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.

Address

Building B, Lysaker, Norway, 1366