ASC
Ardmore Shipping Corporation Industrials - Product Tankers Investor Relations →
Ardmore Shipping Corporation (ASC) closed at $18.67 as of 2026-09-11, trading 47.4% above its 200-week moving average of $12.67. The stock moved further from the line this week, up from 43.9% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Trading volume is running at 0.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.84 ratio) is neutral — neither side is clearly dominating.
Over the past 636 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 $763 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 16.2%, a solid level. The stock trades at 1.1x book value.
Over the past 12.2 years, a hypothetical investment of $100 in ASC would have grown to $203, compared to $484 for the S&P 500. ASC has returned 5.9% annualized vs 13.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 -35.5% 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. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices ASC would reach each dislocation threshold.
Dislocation Price Levels
Prices where ASC's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-11-04.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $10.32 | Unusually cheap — analysis point |
| Value | +1σ | $11.88 | Cheap vs. own history |
| Fair Value | +0σ | $13.99 | Historical mean behavior |
| Expensive | -1σ | $17.02 | Expensive vs. own history |
| Deep Expensive | -2σ | $21.72 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-29 | $1.11 | $1.18 | +6.8% |
| 2026-05-07 | $0.54 | $0.58 | +8.4% |
| 2026-02-12 | $0.27 | $0.28 | +3.7% |
| 2025-11-05 | $0.27 | $0.31 | +14.8% |
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?"
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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 analysis points: prices at which the yield deviation becomes unusual enough to justify the work. 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. Each one is an analysis point, a reason to open the filings. 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% | +112.2% |
| May 2015 | Jun 2015 | 3 | 5.8% | -14.0% | +122.6% |
| Jul 2015 | Jul 2015 | 1 | 1.7% | -35.9% | +118.3% |
| Aug 2015 | Sep 2015 | 4 | 10.2% | -20.8% | +137.8% |
| Dec 2015 | Dec 2015 | 2 | 2.8% | -34.0% | +117.0% |
| Jan 2016 | Jun 2019 | 181 | 47.1% | -24.8% | +131.4% |
| Jul 2019 | Sep 2019 | 10 | 23.6% | -45.8% | +211.0% |
| Jan 2020 | Apr 2022 | 116 | 59.0% | -50.7% | +226.8% |
| Feb 2025 | Aug 2025 | 27 | 17.4% | +32.9% | +97.0% |
| Oct 2025 | Oct 2025 | 2 | 4.0% | N/A | +83.1% |
| Dec 2025 | Jan 2026 | 7 | 12.7% | N/A | +80.7% |
| Average | 36 | — | +-21.8% | — |
Frequently Asked Questions
Is ASC below its 200-week moving average?
No. Ardmore Shipping Corporation (ASC) is currently 47.4% above its 200-week moving average of $12.67. It would need to fall to $12.67 to cross below the line.
What is ASC's 200-week moving average price?
Ardmore Shipping Corporation's 200-week moving average is $12.67 as of 2026-09-11. 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 2026-09-11: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 64. Free cash flow is currently negative. Return on equity is 16.2%. 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 12.2 years, $100 invested in ASC would have grown to $203, compared to $484 for the S&P 500. That's 5.9% annualized vs 13.7% for the index. ASC has underperformed the broader market over this period.
Does ASC pay a dividend?
Yes. Ardmore Shipping Corporation currently pays a dividend yield of 742.00%.
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 2026-09-11