ASC
Ardmore Shipping Corporation Industrials - Product Tankers Investor Relations →
Ardmore Shipping Corporation (ASC) closed at $17.07 as of 2026-06-19, trading 33.8% above its 200-week moving average of $12.76. The stock is currently moving closer to the line, down from 34.3% last week. The 14-week RSI sits at 67, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.90 ratio) is neutral — neither side is clearly dominating.
Over the past 624 weeks of data, ASC has crossed below its 200-week moving average 11 times. On average, these episodes lasted 36 weeks. The average one-year return after crossing below was -21.8%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $697 million, ASC is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 9.0%. The stock trades at 1.1x book value.
Over the past 12 years, a hypothetical investment of $100 in ASC would have grown to $178, compared to $473 for the S&P 500. ASC has returned 4.9% annualized vs 13.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ASC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ASC Crosses Below the Line?
Across 11 historical episodes, buying ASC when it crossed below its 200-week moving average produced an average return of -16.9% after 12 months (median -32.0%), compared to +12.0% for the S&P 500 over the same periods. 22% of those episodes were profitable after one year. After 24 months, the average return was -35.4% vs +34.2% for the index.
Each line shows $100 invested at the moment ASC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. ASC currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from ASC's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
ASC has crossed below its 200-week MA 11 times with an average 1-year return of +-21.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2014 | May 2015 | 43 | 32.3% | -2.8% | +85.3% |
| May 2015 | Jun 2015 | 3 | 5.7% | -14.0% | +94.4% |
| Jul 2015 | Jul 2015 | 1 | 1.7% | -35.9% | +90.6% |
| Aug 2015 | Sep 2015 | 4 | 10.2% | -20.8% | +107.7% |
| Dec 2015 | Dec 2015 | 2 | 2.7% | -34.0% | +89.5% |
| Jan 2016 | Jun 2019 | 181 | 47.0% | -24.8% | +102.1% |
| Jul 2019 | Sep 2019 | 10 | 23.6% | -45.8% | +171.7% |
| Jan 2020 | Apr 2022 | 116 | 59.0% | -50.7% | +185.4% |
| Feb 2025 | Aug 2025 | 27 | 17.4% | +32.9% | +72.1% |
| Oct 2025 | Oct 2025 | 1 | 3.9% | N/A | +60.0% |
| Dec 2025 | Jan 2026 | 7 | 12.6% | N/A | +57.8% |
| Average | 36 | — | +-21.8% | — |
Frequently Asked Questions
Is ASC below its 200-week moving average?
No. Ardmore Shipping Corporation (ASC) is currently 33.8% above its 200-week moving average of $12.76. It would need to fall to $12.76 to cross below the line.
What is ASC's 200-week moving average price?
Ardmore Shipping Corporation's 200-week moving average is $12.76 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ASC drops below its 200-week moving average?
ASC has crossed below its 200-week moving average 11 times in our data. The average one-year return after these crossings was -21.8%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 36 weeks on average.
Is ASC a good value right now?
Here's what our data says about ASC as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 67. Free cash flow is currently negative. Return on equity is 9.0%. Price-to-book is 1.1x. This is not a buy or sell recommendation — always do your own research.
How does ASC compare to the S&P 500?
Over the past 12 years, $100 invested in ASC would have grown to $178, compared to $473 for the S&P 500. That's 4.9% annualized vs 13.8% for the index. ASC has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19