Shares of Sasol Limited (NYSE:SSL - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $5.26, but opened at $5.15. Sasol shares last traded at $5.11, with a volume of 278,510 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Sasol from a "hold" rating to a "buy" rating in a research report on Monday, December 30th.
View Our Latest Report on SSL
Sasol Trading Down 3.6 %
The firm has a market cap of $3.29 billion, a P/E ratio of 2.25, a price-to-earnings-growth ratio of 0.13 and a beta of 2.34. 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's fifty day moving average price is $5.06 and its two-hundred day moving average price is $6.42.
Institutional Trading of Sasol
Hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC bought a new stake in Sasol during the 4th quarter worth approximately $49,000. Barclays PLC grew its holdings in shares of Sasol by 255.9% during the third quarter. Barclays PLC now owns 9,912 shares of the oil and gas company's stock worth $67,000 after purchasing an additional 7,127 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Sasol in the third quarter valued at $75,000. Atomi Financial Group Inc. acquired a new stake in shares of Sasol in the third quarter valued at $78,000. Finally, Blue Trust Inc. raised its holdings in shares of Sasol by 145.2% in the third quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company's stock valued at $80,000 after buying an additional 7,043 shares during the last quarter. Institutional investors and hedge funds own 1.21% of the company's stock.
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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