Could GasLog Ltd. (GLOG) Decline After Today’s Significant Increase?

GasLog Ltd. (NYSE:GLOG) Logo

The stock of GasLog Ltd. (NYSE:GLOG) is a huge mover today! The stock increased 3.50% or $0.47 during the last trading session, reaching $13.89. About 313,008 shares traded. GasLog Ltd. (NYSE:GLOG) has declined 14.04% since September 13, 2018 and is downtrending. It has underperformed by 14.04% the S&P500.
The move comes after 7 months positive chart setup for the $1.12 billion company. It was reported on Sep, 13 by Barchart.com. We have $14.86 PT which if reached, will make NYSE:GLOG worth $78.47 million more.

Analysts await GasLog Ltd. (NYSE:GLOG) to report earnings on November, 7. They expect $0.09 EPS, down 18.18 % or $0.02 from last year’s $0.11 per share. GLOG’s profit will be $7.26 million for 38.58 P/E if the $0.09 EPS becomes a reality. After $0.03 actual EPS reported by GasLog Ltd. for the previous quarter, Wall Street now forecasts 200.00 % EPS growth.

More notable recent GasLog Ltd. (NYSE:GLOG) news were published by: Seekingalpha.com which released: “GasLog Back At Its Lows – Buy For The Winter Season – Seeking Alpha” on May 17, 2019, also Globenewswire.com with their article: “GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights – GlobeNewswire” published on June 24, 2019, Finance.Yahoo.com published: “Is GasLog Ltd (GLOG) A Good Stock To Buy? – Yahoo Finance” on May 02, 2019. More interesting news about GasLog Ltd. (NYSE:GLOG) were released by: Finance.Yahoo.com and their article: “Based On Its ROE, Is GasLog Ltd. (NYSE:GLOG) A High Quality Stock? – Yahoo Finance” published on July 28, 2019 as well as Globenewswire.com‘s news article titled: “GasLog Ltd. Announces Date For Fourth-Quarter And Annual 2018 Results, Conference Call And Webcast – GlobeNewswire” with publication date: January 31, 2019.

GasLog Ltd. operates as an owner, operator, and manager of liquefied natural gas carriers. The company has market cap of $1.12 billion. As of March 1, 2017, it owned a fleet of 27 LNG carriers, including 22 ships on the water and 5 on order, as well as had an LNG carrier leased back under a long-term bareboat charter. It currently has negative earnings. The firm also offers technical ship management services for LNG carriers owned by third parties.

GasLog Ltd. (NYSE:GLOG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.