GasLog Ltd. (GLOG)’s Stock Is Sell After Today’s Huge Decline

GasLog Ltd. (NYSE:GLOG) Logo

The stock of GasLog Ltd. (NYSE:GLOG) is a huge mover today! The stock decreased 2.39% or $0.33 during the last trading session, reaching $13.47. About 462,038 shares traded or 26.68% up from the average. GasLog Ltd. (NYSE:GLOG) has declined 14.04% since September 11, 2018 and is downtrending. It has underperformed by 14.04% the S&P500.
The move comes after 6 months negative chart setup for the $969.23M company. It was reported on Sep, 11 by Barchart.com. We have $13.07 PT which if reached, will make NYSE:GLOG worth $29.08M less.

Analysts await GasLog Ltd. (NYSE:GLOG) to report earnings on November, 7. They expect $0.09 earnings per share, down 18.18 % or $0.02 from last year’s $0.11 per share. GLOG’s profit will be $6.48 million for 37.42 P/E if the $0.09 EPS becomes a reality. After $0.03 actual earnings per share 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 inks tanker deal with Panama power project – Seeking Alpha” on September 04, 2019, also Globenewswire.com with their article: “GasLog Partners LP Announces Acquisition Of The GasLog Glasgow From GasLog Ltd. For $214 Million – GlobeNewswire” published on March 08, 2019, Globenewswire.com published: “GasLog Ltd. And GasLog Partners LP Appoint Paolo Enoizi As Chief Operating Officer Designate – GlobeNewswire” on April 23, 2019. More interesting news about GasLog Ltd. (NYSE:GLOG) were released by: Globenewswire.com and their article: “GasLog Ltd. Reports Financial Results for the Quarter Ended March 31, 2019 – GlobeNewswire” published on May 03, 2019 as well as Globenewswire.com‘s news article titled: “GasLog Ltd. and GasLog Partners LP to Assume Commercial Control of LNG Carriers Operating in The Spot Market – GlobeNewswire” with publication date: June 06, 2019.

GasLog Ltd. operates as an owner, operator, and manager of liquefied natural gas carriers. The company has market cap of $969.23 million. 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

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