Ardmore Shipping (ASC) Trades at $7.95 After Triangle, Euro Tech Holdings Company Limited New (CLWT) Shorts Lowered By 12.5%

Euro Tech Holdings Company Limited New (NASDAQ:CLWT) had a decrease of 12.5% in short interest. CLWT’s SI was 700 shares in April as released by FINRA. Its down 12.5% from 800 shares previously. With 1,400 avg volume, 1 days are for Euro Tech Holdings Company Limited New (NASDAQ:CLWT)’s short sellers to cover CLWT’s short positions. The SI to Euro Tech Holdings Company Limited New’s float is 0.08%. It is 0.00% or $0 reaching $3.85 per share. It is down 21.84% since August 29, 2016 and is uptrending. It has outperformed by 13.59% the S&P500.

Ardmore Shipping Corp (ASC) formed triangle with $7.47 target or 6.00% below today’s $7.95 share price. Ardmore Shipping Corp (ASC) has $265.27M valuation. About 15,518 shares traded. Ardmore Shipping Corp (NYSE:ASC) has risen 13.15% since August 29, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.

Analysts await Ardmore Shipping Corp (NYSE:ASC) to report earnings on May, 3. They expect $-0.11 earnings per share, down 142.31% or $0.37 from last year’s $0.26 per share. After $-0.11 actual earnings per share reported by Ardmore Shipping Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 7 analysts covering Ardmore Shipping Corporation (NYSE:ASC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Ardmore Shipping Corporation had 9 analyst reports since October 29, 2015 according to SRatingsIntel. The company was reinitiated on Wednesday, May 4 by Seaport Global. Seaport Global upgraded the stock to “Speculative Buy” rating in Thursday, November 5 report. Morgan Stanley downgraded Ardmore Shipping Corp (NYSE:ASC) on Thursday, August 25 to “Equal-Weight” rating. The firm has “Overweight” rating given on Thursday, April 7 by JP Morgan. The stock of Ardmore Shipping Corp (NYSE:ASC) earned “Hold” rating by ABN Amro on Friday, July 1. On Wednesday, July 27 the stock rating was maintained by Jefferies with “Buy”. Deutsche Bank initiated the shares of ASC in report on Tuesday, December 15 with “Buy” rating.

Euro Tech Holdings Company Limited is a distributor of a range of advanced water treatment equipment, laboratory instruments, analyzers, test kits and related supplies and power generation equipment . The company has market cap of $8.07 million. The Firm acts as a distributor for manufacturers of such equipment, primarily to commercial clients and governmental agencies or instrumentalities in Hong Kong and the People’s Republic of China (PRC). It currently has negative earnings. The Firm operates two divisions: Trading and manufacturing, and Engineering.