GasLog Ltd. (GLOG) was a big mover last session, as the company saw its shares rise roughly 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 13.9% since Nov 24, 2014.
The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GasLog currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked shipping stocks include Rand Logistics, Inc. (RLOG), Danaos Corporation (DAC) and Ship Finance International Limited (SFL). All these stocks carry a Zacks Rank #1 (Strong Buy).
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