Sasol Limited (NYSE:SSL - Get Free Report) shares fell 2.3% on Tuesday . The stock traded as low as $4.56 and last traded at $4.59. 247,014 shares were traded during trading, a decline of 66% from the average session volume of 728,757 shares. The stock had previously closed at $4.70.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Sasol from a "buy" rating to a "hold" rating in a report on Tuesday, December 10th.
View Our Latest Analysis on SSL
Sasol Stock Performance
The stock has a fifty day simple moving average of $5.49 and a two-hundred day simple moving average of $6.67. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 2.05, a P/E/G ratio of 0.13 and a beta of 2.35. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.58 and a current ratio of 2.33.
Institutional Investors Weigh In On Sasol
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC boosted its position in Sasol by 255.9% in the third quarter. Barclays PLC now owns 9,912 shares of the oil and gas company's stock valued at $67,000 after buying an additional 7,127 shares in the last quarter. HB Wealth Management LLC bought a new stake in Sasol during the 2nd quarter worth $81,000. Jane Street Group LLC acquired a new position in Sasol in the 3rd quarter worth about $75,000. Atomi Financial Group Inc. bought a new position in Sasol in the third quarter valued at about $78,000. Finally, Blue Trust Inc. grew its holdings in shares of Sasol by 145.2% during the third quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company's stock worth $80,000 after purchasing an additional 7,043 shares during the last quarter. 1.21% of the stock is 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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