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GasLog Partners (GLOP) Crumbles: Stock Falls by 5.6%

Zacks Equity Research

GasLog Partners LP (GLOP) saw a big move last session, as the company’s shares fell nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for GLOP, as the stock is now down nearly 10% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. However, the consensus for earnings has moved higher. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

GLOP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Shipping Industry include Navigator Holdings Ltd. (NVGS), Nordic American Tankers Limited (NAT) and Ship Finance International Limited (SFL). All these stocks carry a Zacks Rank #1 (Strong Buy).

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GASLOG PARTNERS LP (GLOP): Free Stock Analysis Report

NAVIGATOR HOLDINGS LTD (NVGS): Free Stock Analysis Report

NORDIC AMERICAN TANKER (NAT): Free Stock Analysis Report

SHIP FINANCE INTERNATIONAL LTD (SFL): Free Stock Analysis Report


Zacks Investment Research