Sasol Limited (NYSE:SSL - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $4.20, but opened at $4.39. Sasol shares last traded at $4.41, with a volume of 360,566 shares trading hands.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on SSL. Bank of America lowered shares of Sasol from a "buy" rating to a "neutral" rating in a report on Thursday, February 6th. StockNews.com lowered shares of Sasol from a "buy" rating to a "hold" rating in a report on Thursday, February 6th.
Check Out Our Latest Stock Report on Sasol
Sasol Trading Down 0.8 %
The business's fifty day simple moving average is $4.77 and its 200 day simple moving average is $5.95. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58.
Institutional Investors Weigh In On Sasol
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Lindbrook Capital LLC grew its position in shares of Sasol by 76.8% during the 4th quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company's stock valued at $33,000 after buying an additional 3,125 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in shares of Sasol during 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 bought a new stake in shares of Sasol during the 4th quarter valued at about $49,000. Finally, HighTower Advisors LLC bought a new stake in shares of Sasol during the 4th quarter valued at about $49,000. Institutional investors 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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