Why Ardmore Shipping Corporation’s (ASC) Stock Is Down 5.68%

By Cynthia McLaughlin
August 01, 2026
Featured Tickers:
ASC

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ardmore Shipping Corporation before investing.

In this article, we go over a few key elements for understanding Ardmore Shipping Corporation’s stock price such as:

  • Ardmore Shipping Corporation’s current stock price and volume
  • Why Ardmore Shipping Corporation’s stock price changed recently
  • Upgrades and downgrades for ASC from analysts
  • ASC’s stock price momentum as measured by its relative strength

About Ardmore Shipping Corporation (ASC)

Before we jump into Ardmore Shipping Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company’s fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels. It serves oil majors, national oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Hamilton, Bermuda.

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Ardmore Shipping Corporation’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Ardmore Shipping Corporation’s stock price was $17.390.

Ardmore Shipping Corporation is up 0.93% from its previous closing price of $17.230.

During the last market session, Ardmore Shipping Corporation’s stock traded between $17.105 and $17.660. Currently, there are approximately 40.81 million shares outstanding for Ardmore Shipping Corporation.

Ardmore Shipping Corporation’s price-earnings (P/E) ratio is currently at 6.8, which is low compared to the Oil, Gas & Consumable Fuels industry median of 14.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ardmore Shipping Corporation Stock Price History

Ardmore Shipping Corporation’s (ASC) price is currently up 24.13% so far this month.

During the month of July, Ardmore Shipping Corporation’s stock price has reached a high of $17.660 and a low of $13.810.

Over the last year, Ardmore Shipping Corporation has hit prices as high as $20.025 and as low as $10.170. Year to date, Ardmore Shipping Corporation’s stock is up 64.21%.

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What Caused Ardmore Shipping Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Ardmore Shipping Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Ardmore Shipping Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ardmore Shipping Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ardmore Shipping Corporation’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ardmore Shipping Corporation (ASC) by visiting AAII Stock Evaluator.

Relative Price Strength of Ardmore Shipping Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Ardmore Shipping Corporation has a weighted four-quarter relative price strength of 5.63%, which translates to a Momentum Score of 72 and is considered to be Strong.

Want to learn more about how Ardmore Shipping Corporation is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Ardmore Shipping Corporation Stock Price: Bottom Line

As of July 31, 2026, Ardmore Shipping Corporation’s stock price is $17.390, which is up 0.93% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ardmore Shipping Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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