GasLog Partners LP (GLOP): Is it worth Buying?


GasLog Partners LP (NYSE:GLOP) changes shares on Tuesday trading session, with a change of 2.34% or $0.09 shares. The trading starts at $3.86 and closed at $3.85 throughout the day. The trading session low price was $3.86 and day high was $4.01 on Tuesday, August 04. After the session, the Energy sector daily volume shifted to 0.15 million while its average volume is 511.99K. In other hand, the GLOP market cap reached to $202.36M.

On July 17, 2019, Firms including MOL, Osaka, Gaslog, chosen in Cyprus FSRU LNG tender. According to the news reported on Reuters, * Three joint ventures have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit (FSRU) to import liquefied natural gas (LNG)

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down 0.00% and down -9.84% for month. Its quarterly performance was -27.17% below, while its half year performance is down -60.99%. GLOP yearly performance stood at negative -80.11% and fall -74.81% for year-to-date. Current recommendation for GasLog Partners LP is 3.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GLOP EPS (TTM) for 12-month is -1.56. EPS for this year is -178.40%, while for the next year its value is 0.73. Its EPS Q/Q reached -50.00%. It has an EPS of -32.70% down for past five years and for the next five years will be down -3.94%.

Let’s take a look on the analyst recommendations on GLOP for the current month and previous month. For the current month, 0 of 9 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 8 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings.

Invesco Ltd., Morgan Stanley and Millennium Management LLC are the top three holders in GasLog Partners LP (GLOP) stock. On Mar 30, 2020, Invesco Ltd. has 2.43 million shares which valued 5.42 million. On Mar 30, 2020, Morgan Stanley owned 1.27 million shares which valued at 2.83 million. On Mar 30, 2020, Millennium Management LLC has a total of 1.21 million shares which valued at 2.71 million. In the end, Millennium Management LLC have 2.60% shares outstanding of GasLog Partners LP (GLOP) on Mar 30, 2020. The insider ownership moved to 26.72% and institutional holding shifted to 22.80%.

The company posted an EPS (TTM) of -1.56. According to the most recent quarter report on (Jun 2020), 6 analysts estimated an average EPS of 0.28, while 0.25 EPS posted a year ago period. Analyst Estimated EPS for GLOP published in the report was $0.18 – $0.34 during the same period. Comparing with last year, the average estimated EPS was 0.25 which is lower than 0.42 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GLOP fall -53.67% for period of 200 days. SMA for 50 days was -8.72% which is showing red signal, while SMA-20 was -3.83%. The moving average value for GasLog Partners LP (GLOP) is 4.6440 and 4.0691 for 200 and 50 days respectively.