The stock of GasLog Partners LP (NYSE:GLOP) increased by increased by $0.65 on Friday to finish at $5.19, up 14.32 percent. The last five days have seen an average of 403,780 shares of common stock traded. 11 times new highs were reached in the current year, with a gain of $2.47. The average number of shares traded over the last 20 days was 331,595, while the average volume over the last 50 days totaled 281,826.
GLOP stock appreciated 26.28% since last month. On 09/24/21, the company’s shares reached a one-month low of $4.07. The stock touched a high of $5.93 on 07/06/21, after rallying from a low of $2.10 in 52 weeks. The price of GLOP stock has risen by 90.81% or $2.47 this year, reaching a new high 11 times. Still, the stock price is down -12.48% from the 52-week high.
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GasLog Partners LP (GLOP) has a trailing price-to-earnings (P/E) ratio of 4.78. This level actually compares favorably with the industry at large, as the PE for the Oil & Gas Midstream industry stands at about 19.31. Further, its PE also compares favorably with the Energy sector’s trailing 12 months PE ratio, which comes in at 20.20 right now. The PE ratio of GasLog Partners LP has varied between 16.62 and 2.660 in the last five years. Beta for the stock is 2.67. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.77, the price-to-book (PB) ratio of 0.40, and the price-to-cash flow ratio of 1.61.
GasLog Partners LP’s dividend is $0.04 per share per year. With a dividend yield of 0.77%, GLOP has a payout ratio of 13.90%. On Aug. 12, the company paid $0.01 per share in dividends, remained unchanged from $0.01 last year. A $0.1150 dividend decrease was reported on Wednesday November 11 2020, making it the 1 consecutive year the dividend has increased. Over the last three years, dividends have increased by -59.31%.
For the three months ended June 29, GasLog Partners LP’s quick ratio was 0.80, while its current ratio was 0.80, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.77, and the total debt to equity ratio is 1.93. As far as profitability goes, gross margin for the trailing twelve months is 73.20% percent. GasLog Partners LP’s EBITDA margin for the year ended June 29 was 68.77%, whereas its operating margin stood at 39.90% for the same period. Based on annual data, it had gross profit of $146.4 million and revenue of $333.66 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. GLOP’s return on assets (ROA) during the last 12 months has been 2.30%. There was a 6.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 8.90%. ROE has averaged 12.45 in the past year for the broader industry.
According to GasLog Partners LP’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that GasLog Partners LP’s quarterly earnings would be $0.1, but it ended up being $0.2. EBITDA was $44.97 million for the quarter. At the end of GasLog Partners LP’s most recent quarter ended June 29, its liabilities totaled 1.32 billion, while its total debt was $1.25 billion.
Here’s a quick look at GasLog Partners LP’s (GLOP) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 75.87%, suggesting the stock is Overbought, with a 70.47% historical volatility rate.
The stochastic %K and %D were 58.71% and 52.48% respectively, while the average true range (ATR) was 0.27. Based on the 14-day stochastic reading of 98.77%, the RSI (14) reading is 70.89%. On the 9-day MACD Oscillator, the stock is at 0.09, and the 14-day reading is at 0.11.
In its most recent analyst report, Jefferies raised its rating on GasLog Partners LP (NYSE: GLOP) to a Buy. Prior to this, analysts firm rated the stock as a Hold. Analysts have assigned GasLog Partners LP (GLOP) an Hold rating. GLOP is a stock that is recommended for selling by 0 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is GLOP’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.50 and $6.50, with a median target price of $5.00. In analyzing these forecasts, the average price target given by analysts for GasLog Partners LP (GLOP) is $5.33.