GasLog Partners’ Quiet Period Set To Expire on June 16th (NYSE:GLOP)
GasLog Partners’ (NYSE:GLOP) quiet period is set to expire on Monday, June 16th. GasLog Partners had issued 8,400,000 shares in its public offering on May 7th, Analyst Ratings News reports. The total size of the offering was $176,400,000 based on an initial share price of $21.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Shares of GasLog Partners (NYSE:GLOP) remained flat at $28.88 during trading on Wednesday. The stock had a trading volume of 396 shares. GasLog Partners has a 52 week low of $25.50 and a 52 week high of $29.25. The stock has a 50-day moving average of $27.20 and a 200-day moving average of $27.20. The company has a market cap of $283.7 million and a P/E ratio of 0.04.
GasLog Partners LP is a limited partnership. The Company is formed to own, operate and acquire liquefied natural gas (NYSE:GLOP), carriers engaged in LNG transportation under long-term charters.
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