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GASLOG PARTNERS (GLOP) Shows Strength: Stock Up 5.7% Higher

Zacks Equity Research

GASLOG PARTNERS LP GLOP was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by the company’s improved financial results for the three-month period that ended on March 31, 2017. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $23.30 to $24.25 in the past one-month time frame.

The company has seen three positive estimate revisions in the past 30 days. Also, its Zacks Consensus Estimate moved higher over the same timeframe. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

GASLOG PARTNERS currently carries a Zacks Rank #3 (Hold).

GasLog Partners LP Price

 

GasLog Partners LP Price | GasLog Partners LP Quote

A top-ranked stock in the Transportation - Shipping industry is Eagle Bulk Shipping Inc. EGLE holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Is GLOP going up? Or down? Predict to see what others think: Up or Down

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Eagle Bulk Shipping Inc. (EGLE): Free Stock Analysis Report
 
GasLog Partners LP (GLOP): Free Stock Analysis Report
 
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