Sasol Limited (NYSE:SSL - Get Free Report) shares reached a new 52-week low on Friday . The company traded as low as $3.56 and last traded at $3.59, with a volume of 3659482 shares changing hands. The stock had previously closed at $4.14.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on SSL. Bank of America lowered shares of Sasol from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th. StockNews.com downgraded Sasol from a "buy" rating to a "hold" rating in a research report on Sunday, March 30th.
View Our Latest Report on Sasol
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 company has a market cap of $1.94 billion, a PE ratio of 1.32, a price-to-earnings-growth ratio of 0.17 and a beta of 1.72. The firm's fifty day moving average is $4.34 and its 200 day moving average is $5.14.
Institutional Investors Weigh In On Sasol
Several large investors have recently bought and sold shares of the company. Lindbrook Capital LLC boosted its stake 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 worth $33,000 after acquiring an additional 3,125 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in Sasol during the 4th quarter worth $46,000. Essential Planning LLC. purchased a new stake in shares of Sasol during the fourth quarter worth $46,000. Sivia Capital Partners LLC acquired a new stake in shares of Sasol in the fourth quarter valued at about $49,000. Finally, HighTower Advisors LLC purchased a new position in shares of Sasol in the fourth quarter worth about $49,000. 1.21% of the stock is currently owned by hedge funds and other 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.
Featured Articles
Before you consider Sasol, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sasol wasn't on the list.
While Sasol currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
