GasLog Ltd (GLOG) reported quarterly earnings results on Friday, May-6-2016. The company reported $-0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $-0.05. The company posted revenue of $104.40 million in the period, compared to analysts expectations of $105.05 million. The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.
Many Wall Street Analysts have commented on GasLog Ltd. GasLog Ltd was Upgraded by Jefferies to ” Buy” on Apr 22, 2016. GasLog Ltd was Downgraded by JP Morgan to ” Underweight” on Mar 16, 2016. GasLog Ltd was Downgraded by Morgan Stanley to ” Equal-Weight” on Mar 1, 2016.
GasLog Ltd (GLOG) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $12.22 and reached the intraday high at $12.53. The bulls started the profit booking and pushed the shares to intraday low of $11.87. The trading session was marked by a volume range of 6,04,997 shares exchanging hands. The 52-week high of the shares is $23.22 and the 52-week low is $5.24. The market cap of the company stands at $984 M and there are 8,04,96,499 shares in public circulation.
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 operates in two segments: vessel ownership and vessel management. The Company provides maritime services for the transportation of LNG on a across the world basis and LNG vessel management services. The Company conducts its operations through its vessel-owning subsidiaries and through its vessel management services subsidiary. Its subsidiaries include GasLog Investments Ltd. GasLog Carriers Ltd. GasLog Shipping Company Ltd. GasLog Monaco S.A.M. GAS-one Ltd. GAS-seven Ltd. GAS-twelve Ltd. GAS-twenty one Ltd. GasLog Shipping Limited and Egypt LNG Shipping Ltd. among others. Its wholly owned fleet consists of approximately 20 LNG carriers including over 11 ships in operation over seven LNG carriers on order at Samsung and over two LNG carriers on order at Hyundai.