AS

Ardmore Shipping Corporation

ASCIndustrialsNASDAQ

Marine Shipping

PriceMA150MA200
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Financials · Annual
Revenue
$310.2M
-23.6% YoY
Net Income
$41.0M
-69.2% YoY
EBITDA
$80.5M
-53.6% YoY
Free Cash Flow
-$12.9M

Scan Results

Daily timeframe
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DateIndicatorDetails
Sep 3 MACD Positive CrossoverHistogram +0.0524, positive momentum
Sep 2 MACD Positive CrossoverHistogram +0.0187, positive momentum
About Ardmore Shipping Corporation

Headquartered within the industrials sector, Ardmore Shipping Corporation focuses on Marine Shipping services and products. Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. Valued at $742.3M, ASC is a small-cap name in its sector. The company's fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels.

Where ASC stands vs its 150-day and 200-day moving averages

As of the September 3, 2026 close, ASC finished 18.03% above its 150-day moving average ($15.31) and 27.25% above its 200-day moving average ($14.20). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is ASC overbought or oversold?

At the September 3, 2026 close, ASC's RSI(14) was 66.2, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$742.3M
P/E (TTM)7.07
Fwd P/E22.16
EPS$2.57
Beta0.02
52W Change+46.7%
Dividend Yield7.54%
ROE16.2%
Analysis

Ardmore Shipping Corporation holds $48.1M in cash against $35.0M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$12.9M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 16.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 9.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has pulled back from $445.7M (2022) to $310.2M (2025), a 30% decline worth watching.

ASC's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Ardmore Shipping Corporation's trajectory.

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Not financial advice. Scanance shows end-of-day technical indicators (not real-time prices) for information only. Results can be wrong; past performance does not guarantee future results.PrivacyTerms