Sasol Limited (NYSE:SSL - Get Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as $4.27 and last traded at $4.26, with a volume of 333525 shares traded. The stock had previously closed at $4.40.
Analyst Ratings Changes
SSL has been the subject of a number of recent research reports. Bank of America downgraded shares of Sasol from a "buy" rating to a "neutral" rating in a report on Thursday, February 6th. StockNews.com cut Sasol from a "buy" rating to a "hold" rating in a report on Thursday, February 6th.
Get Our Latest Report on SSL
Sasol Stock Performance
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's 50-day moving average price is $4.81 and its two-hundred day moving average price is $6.02.
Institutional Trading of Sasol
Several institutional investors have recently made changes to their positions in SSL. Lindbrook Capital LLC lifted its holdings in shares of Sasol by 76.8% in the 4th quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company's stock worth $33,000 after acquiring an additional 3,125 shares during the last quarter. Apollon Wealth Management LLC purchased a new stake in Sasol in the fourth quarter valued at approximately $46,000. Essential Planning LLC. acquired a new position in Sasol during the fourth quarter worth $46,000. Sivia Capital Partners LLC purchased a new position in shares of Sasol during the fourth quarter worth $49,000. Finally, HighTower Advisors LLC purchased a new position in shares of Sasol during the fourth quarter worth $49,000. Hedge funds and other institutional investors own 1.21% of the company's stock.
Sasol Company Profile
(
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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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