Tanker stocks stable after big gains as investors weigh tanker seizures, U.S. plan for Venezuela oil
Seeking Alpha News (Thu, 8-Jan 10:53 AM ET)
PRNewswire (Wed, 5-Nov 8:01 AM ET)
Ardmore Shipping Announces Third Quarter 2025 Conference Call and Webcast
PRNewswire (Wed, 22-Oct 4:15 PM ET)
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The Company operates its business in one operating segment, the transportation of refined petroleum products and chemicals.
Ardmore Shipping trades on the NYSE stock market under the symbol ASC.
As of January 13, 2026, ASC stock price climbed to $11.98 with 643,452 million shares trading.
ASC has a beta of 0.55, meaning it tends to be less sensitive to market movements. ASC has a correlation of 0.06 to the broad based SPY ETF.
ASC has a market cap of $487.56 million. This is considered a Small Cap stock.
Last quarter Ardmore Shipping reported $81 million in Revenue and $.31 earnings per share. This beat revenue expectation by $30 million and exceeded earnings estimates by $.04.
In the last 3 years, ASC traded as high as $23.44 and as low as $8.32.
The top ETF exchange traded funds that ASC belongs to (by Net Assets): AVUV, IWM, IWN, DFAT, BSVO.
ASC has underperformed the market in the last year with a return of -8.4%, while SPY returned +20.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASC shares. However, ASC has outperformed the market in the last 3 month and 2 week periods, returning +9.9% and +10.2%, while SPY returned +6.5% and +0.9%, respectively. This indicates ASC has been having a stronger performance recently.
ASC support price is $11.37 and resistance is $11.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASC shares will trade within this expected range on the day.