Sasol (NYSE:SSL) Sets New 1-Year Low - Should You Sell?

Sasol Limited (NYSE:SSL - Get Free Report)'s share price reached a new 52-week low on Thursday . The stock traded as low as $2.78 and last traded at $3.26, with a volume of 3148001 shares traded. The stock had previously closed at $2.93.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SSL shares. StockNews.com downgraded shares of Sasol from a "buy" rating to a "hold" rating in a research report on Sunday, March 30th. Bank of America cut shares of Sasol from a "buy" rating to a "neutral" rating in a report on Thursday, February 6th.

Sasol Trading Down 2.7 %

The company has a market cap of $2.22 billion, a PE ratio of 1.51, a price-to-earnings-growth ratio of 0.17 and a beta of 1.72. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89. The firm has a fifty day moving average of $4.13 and a two-hundred day moving average of $4.97.

Institutional Trading of Sasol

A number of institutional investors have recently modified their holdings of the business. Lindbrook Capital LLC grew its position in shares of Sasol by 76.8% in the fourth quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company's stock valued at $33,000 after purchasing an additional 3,125 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in shares of Sasol during the 4th quarter valued at about $46,000. Essential Planning LLC. bought a new stake in shares of Sasol in the 4th quarter worth approximately $46,000. Sivia Capital Partners LLC purchased a new stake in Sasol during the fourth quarter valued at about $49,000. Finally, HighTower Advisors LLC bought a new position in shares of Sasol during the fourth quarter valued at about $49,000. 1.21% of the stock is currently owned by hedge funds and other institutional investors.

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Sasol Company Profile

Sasol Limited operates as a chemical and energy company in South Africa and internationally. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch catalysts; carbon-based and recarburiser products; graphite electrodes; and mono-ethylene glycol and chlor-alkali products, monomers, mining chemicals and reagents, blends and hydrocarbons, methanol products, polymers, phenolics, and fertilizers.