Sasol Limited (NYSE:SSL - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 755,022 shares traded hands during trading, a decline of 16% from the previous session's volume of 896,971 shares.The stock last traded at $3.55 and had previously closed at $3.44.
Analyst Ratings Changes
Several research analysts have recently commented on the stock. StockNews.com lowered shares of Sasol from a "buy" rating to a "hold" rating in a report on Sunday, March 30th. Bank of America lowered Sasol from a "buy" rating to a "neutral" rating in a report on Thursday, February 6th.
Check Out Our Latest Stock Report on SSL
Sasol Stock Up 3.9 %
The firm has a market cap of $2.32 billion, a P/E ratio of 1.58, a price-to-earnings-growth ratio of 0.17 and a beta of 1.72. The firm's 50-day moving average price is $4.06 and its 200 day moving average price is $4.90. The company has a quick ratio of 1.58, a current ratio of 2.33 and a debt-to-equity ratio of 0.89.
Hedge Funds Weigh In On Sasol
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Lindbrook Capital LLC boosted its position in Sasol by 76.8% during 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 period. Apollon Wealth Management LLC bought a new stake in shares of Sasol during the fourth quarter valued at about $46,000. Essential Planning LLC. bought a new position in Sasol in the 4th quarter valued at about $46,000. Sivia Capital Partners LLC acquired a new position in Sasol during the 4th quarter valued at about $49,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Sasol in the 4th quarter worth approximately $49,000. 1.21% of the stock is currently owned by institutional investors and hedge funds.
About Sasol
(
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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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