GasLog Partners LP (NYSE:GLOP) saw an upside of 16.38% to $8.12 after adding $1.14 on Wednesday. The 5-day average trading volume is 615,600 shares of the company’s common stock. It has gained $8.15 in the past week and touched a new high 5 times within the past 5 days. An average of 323,770 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 285,306.
GLOP’s 1-month performance is 1.75% or $1.07 on its low of $6.13 reached on 01/05/23. The company’s shares have touched a 52-week low of $3.24 and high of $8.55, with the stock’s rally to the 52-week high happening on 01/25/23. YTD, GLOP has achieved 4.80% or $1.34 and has reached a new high 5 times. However, the current price is down -4.99% from the 52-week high price.
GLOP stock has a beta of 2.41. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.01 while the price-to-book (PB) in the most recent quarter is 0.58, with the price to cash flow ratio at 1.71.
GasLog Partners LP’s quick ratio for the period ended September 29 was 1.30, with the current ratio over the same period at 1.30. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.39, while the total debt to equity was 1.60. In terms of profitability, the gross margin trailing 12 months is 77.50%. The firm’s gross profit as reported stood at $145.09 million against revenue of $326.14 million.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 100.0% to $5.73 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected GLOP to announce $0.34 per share in earnings in its latest quarter, but it posted $0.63, representing a 85.30% surprise. EBITDA for the quarter stood at more than $73.12 million. GLOP stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 1.08 billion, with total debt at $1.02 billion.
Let’s look briefly at GasLog Partners LP (GLOP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 77.64% to suggest the stock is trending Overbought, with historical volatility in this time period at 73.53%.
The stock’s 5-day moving average is $7.10, reflecting a +22.70% or $1.48 change from its current price. GLOP is currently trading +15.44% above its 20-day SMA, +32.01% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.43% and SMA200 by+45.19%.
Stochastic %K and %D was 91.14% and 83.45% and the average true range (ATR) pointed at 0.36. The RSI (14) points at 68.92%, while the 14-day stochastic is at 92.57% with the period’s ATR at 0.34. The stock’s 9-day MACD Oscillator is pointing at 0.36 and 0.55 on the 14-day charts.