GasLog LP. (GLOG) Shares are Up 11.32%

GasLog LP. (GLOG) : Traders are bullish on GasLog LP. (GLOG) as it has outperformed the S&P 500 by a wide margin of 4.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 11.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 11.32% in the last 1 week, and is up 3.93% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 8.68% and the 50-Day Moving Average is 6.92%.The 200 Day SMA reached 30.95%

GasLog

GasLog LP. (NYSE:GLOG): After opening at $14.12, the stock dipped to an intraday low of $13.96 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.6399 and the buying power remained strong till the end. The stock closed at $14.55 for the day, a gain of 4.15% for the day session. The total traded volume was 571,837. The stocks close on the previous trading day was $14.55.

GasLog LP. (GLOG) : Currently there are 5 street experts covering GasLog LP. (GLOG) stock. The most bullish and bearish price target for the stock is $20 and $11 respectively for the short term. The average price target of all the analysts comes to $15.8. The estimated standard deviation from the target is $3.7.

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.

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