Sasol Limited (NYSE:SSL - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $4.66, but opened at $4.45. Sasol shares last traded at $4.41, with a volume of 389,914 shares trading hands.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on SSL shares. Bank of America lowered shares of Sasol from a "buy" rating to a "neutral" rating in a report on Thursday. StockNews.com downgraded Sasol from a "buy" rating to a "hold" rating in a report on Thursday.
Read Our Latest Stock Report on Sasol
Sasol Trading Up 4.4 %
The company has a quick ratio of 1.58, a current ratio of 2.33 and a debt-to-equity ratio of 0.89. The company has a fifty day moving average of $4.82 and a 200 day moving average of $6.04.
Institutional Investors Weigh In On Sasol
Several large investors have recently modified their holdings of the company. Lindbrook Capital LLC boosted its position in Sasol by 76.8% during the fourth quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company's stock valued at $33,000 after acquiring an additional 3,125 shares during the last quarter. Apollon Wealth Management LLC acquired a new position in shares of Sasol in the 4th quarter valued at about $46,000. Essential Planning LLC. bought a new stake in shares of Sasol during the 4th quarter valued at about $46,000. Sivia Capital Partners LLC acquired a new stake in Sasol during the fourth quarter worth approximately $49,000. Finally, HighTower Advisors LLC bought a new stake in Sasol in the fourth quarter worth approximately $49,000. 1.21% of the stock is currently owned by institutional investors and hedge funds.
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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