GasLog Ltd (NYSE:GLOG) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Having a price of $16.31, GasLog Ltd (NYSE:GLOG) traded -0.67% lower on the day. With the last close up 26.29% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. GasLog Ltd has recorded a 50-day average of $14.07 and a two hundred day average of $12.96. Volume of trade was up over the average, with 669,598 shares of GLOG changing hands over the typical 552,369
Zacks Investment Research has downgraded GasLog Ltd (NYSE:GLOG) to Sell in a statement released on Tuesday October 11, 2016.
With a total market value of $0, GasLog Ltd has with a one year low of $5.24 and a one year high of $16.80 .
A total of 12 analysts have released a report on GasLog Ltd. Four analysts rating the company a strong buy, five analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $13.96.
More About GasLog Ltd (NYSE:GLOG)
GasLog Ltd. (GasLog) is a holding company. The Company and its subsidiaries are primarily engaged in the ownership, operation and management of vessels in the liquefied natural gas (LNG) market. The Company is provides maritime services for the transportation of LNG on worldwide basis and LNG vessel management services. The Company conducts its operations through its vessel-owning subsidiaries and through its vessel management services subsidiary. The Company's owned fleet consists of approximately 30 owned LNG carriers, including over 20 ships on the water and over 10 LNG carriers on order. GasLog is also the general and controlling partner in GasLog Partners LP (GasLog Partners), which owns approximately 10 LNG carriers. It manages and operates over 20 LNG carriers, including approximately 10 of its wholly owned vessels in operation, over five ships contributed or sold to GasLog Partners, approximately five ships owned by a subsidiary of BG Group plc and one additional LNG carrier.
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