Sasol Limited (NYSE:SSL - Get Free Report)'s stock price hit a new 52-week low on Tuesday . The company traded as low as $4.06 and last traded at $4.05, with a volume of 410438 shares traded. The stock had previously closed at $4.22.
Analyst Ratings Changes
A number of equities analysts have weighed in on the stock. Bank of America lowered shares of Sasol from a "buy" rating to a "neutral" rating in a research report on Thursday, February 6th. StockNews.com upgraded shares of Sasol from a "hold" rating to a "buy" rating in a research report on Thursday.
Check Out Our Latest Analysis on SSL
Sasol Price Performance
The business's 50-day moving average price is $4.65 and its 200 day moving average price is $5.65. The company has a quick ratio of 1.58, a current ratio of 2.33 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $2.83 billion, a P/E ratio of 1.92, a price-to-earnings-growth ratio of 0.17 and a beta of 2.31.
Hedge Funds Weigh In On Sasol
A number of large investors have recently modified their holdings of the company. Lindbrook Capital LLC boosted 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 acquiring an additional 3,125 shares during the period. Quantinno Capital Management LP boosted its position in shares of Sasol by 16.6% in the third quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company's stock valued at $190,000 after acquiring an additional 4,000 shares during the period. Vident Advisory LLC boosted its position in shares of Sasol by 11.2% in the fourth quarter. Vident Advisory LLC now owns 40,690 shares of the oil and gas company's stock valued at $186,000 after acquiring an additional 4,108 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Sasol by 29.5% in the fourth quarter. Ameriprise Financial Inc. now owns 22,028 shares of the oil and gas company's stock valued at $100,000 after acquiring an additional 5,021 shares during the period. Finally, Ballentine Partners LLC lifted its position in Sasol by 26.1% during the fourth quarter. Ballentine Partners LLC now owns 24,353 shares of the oil and gas company's stock valued at $111,000 after purchasing an additional 5,045 shares during the last quarter. 1.21% of the stock is currently owned by institutional investors.
About Sasol
(
Get Free Report)
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.
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