Ardmore Shipping ASC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Ardmore Shipping (ASC) Business Model and Operations Summary
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.
Key Insights
Ardmore Shipping (ASC) Core Market Data and Business Metrics
Latest Closing Price
$9.66Market Cap
$402.68 MillionTotal Outstanding Shares
41.73 Million SharesTotal Employees
834Dividend
$0.08 Per Share QuarterlyIPO Date
August 1, 2013Primary Exchange
New York Stock Exchange
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 773,752 Shares | 2.39 | 3/14/2025 | 1,846,904 Shares |
| 794,521 Shares | 2.77 | 2/28/2025 | 2,198,345 Shares |
| 729,751 Shares | 3.27 | 2/14/2025 | 2,385,466 Shares |
| 752,704 Shares | 3.28 | 1/31/2025 | 2,468,889 Shares |
| 788,567 Shares | 2.63 | 1/15/2025 | 2,075,716 Shares |
| 765,817 Shares | 2.99 | 12/31/2024 | 2,290,563 Shares |
Historical Dividends
Current dividend: $0.08 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 13, 2025 | Mar 14, 2025 | Feb 28, 2025 | $0.08 | Quarterly |
| Nov 6, 2024 | Dec 13, 2024 | Nov 29, 2024 | $0.18 | Quarterly |
| Jul 31, 2024 | Sep 13, 2024 | Aug 30, 2024 | $0.38 | Quarterly |
| May 8, 2024 | Jun 14, 2024 | May 31, 2024 | $0.31 | Quarterly |
| Feb 15, 2024 | Mar 15, 2024 | Feb 29, 2024 | $0.21 | Quarterly |
| Nov 7, 2023 | Dec 15, 2023 | Nov 30, 2023 | $0.16 | Quarterly |