Services Sector Decliners: GasLog (NYSE:GLOG), Realty Income Corporation (NYSE:O), zulily (NASDAQ:ZU), Rocket Fuel (NASDAQ:FUEL)

Posted by on Jul 08, 2014

On June 30, 2014, GasLog Ltd. (NYSE:GLOG), announced the delivery of fully owned LNG carrier Solaris from Samsung Heavy Industries Co., Ltd. GasLog informed that the new LNG carrier also commenced a medium-term charter to Shell Tankers Singapore (Private) Limited, a subsidiary of Royal Dutch Shell plc. According to the Company, the 155,000 cubic meter tri-fuel Diesel Electric (TFDE) LNG carrier sets new standards for efficient performance and environmental protection. GasLog stated that Solaris has received the ABS ENVIRO+ notation which signifies the highest level of environmental protection and energy conservation. The Company has one further LNG carrier newbuilding due for delivery in 2014, one in 2015, four in 2016 and another four in 2017. GasLog Ltd. (NYSE:GLOG), net profit margin is 36.20% and weekly performance is -10.81%. On last trading day company shares ended up $28.23. Analysts mean target price for the company is $28.42. GasLog Ltd. (NYSE:GLOG), distance from 50-day simple moving average (SMA50) is 6.35%.

Realty Income Corporation (NYSE:O), announced a monthly dividend on Wednesday, June 18th,AmericanBankingNews.com reports. Investors of record on Tuesday, July 1st will be paid a dividend of 0.1828 per share on Tuesday, July 15th. This represents a $2.19 annualized dividend and a dividend yield of 4.95%. The ex-dividend date is Friday, June 27th. This is an increase from Realty Income Corp’s previous monthly dividend of $0.18. Realty Income Corporation (NYSE:O), advanced 0.70% in last trading session and ended the day on $44.54. O, Gross Margin is 95.20% and its return on assets is 3.00%. Realty Income Corporation (NYSE:O), quarterly performance is 10.71%.

On June 26, 2014, RBC Capital analyst Mark Mahaney upgraded zulily, Inc. (NASDAQ:ZU), from Sector Perform to Outperform with a price target of $50.00, citing the 50% correction in shares, positive survey results, an updated view of the company’s Investment Positives, and comps analysis that highlights ZU as reasonably attractive on a growth-adjusted valuation basis.zulily, Inc. (NASDAQ:ZU), shares moved down 6.35% in last trading session and was closed at $36.87, while trading in range of $36.72 – 39.47. zulily, Inc. (NASDAQ:ZU), year to date (YTD) performance is -11.01%.

Shares of Rocket Fuel Inc. (NASDAQ:FUEL), have received an average rating of “Buy” from the ten brokerages that are currently covering the stock, American Banking and Market News reports. Five investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $43.44. Rocket Fuel Inc. (NASDAQ:FUEL), ended the last trading day at $25.74. Company weekly volatility is calculated as 7.23% and price to cash ratio as 4.15. Rocket Fuel Inc. (NASDAQ:FUEL), showed a negative weekly performance of 14.40%.

Leave a Reply

Your email address will not be published. Required fields are marked *