Shares of Sasol Limited (NYSE:SSL - Get Free Report) rose 3.3% on Monday . The stock traded as high as $4.24 and last traded at $4.27. Approximately 471,169 shares changed hands during trading, a decline of 44% from the average daily volume of 838,657 shares. The stock had previously closed at $4.13.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Bank of America cut shares of Sasol from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th. StockNews.com downgraded Sasol from a "buy" rating to a "hold" rating in a report on Sunday, March 30th.
Check Out Our Latest Stock Analysis on Sasol
Sasol Price Performance
The company has a fifty day simple moving average of $4.40 and a two-hundred day simple moving average of $5.22. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 1.43, a PEG ratio of 0.17 and a beta of 1.72. 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
A number of large investors have recently bought and sold shares of the company. Lindbrook Capital LLC lifted its holdings 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 worth $33,000 after acquiring an additional 3,125 shares during the period. Quantinno Capital Management LP lifted its stake in Sasol by 16.6% during the third quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company's stock worth $190,000 after purchasing an additional 4,000 shares during the last quarter. Vident Advisory LLC boosted its holdings in shares of Sasol by 11.2% in the 4th quarter. Vident Advisory LLC now owns 40,690 shares of the oil and gas company's stock valued at $186,000 after purchasing an additional 4,108 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Sasol by 29.5% in the 4th quarter. Ameriprise Financial Inc. now owns 22,028 shares of the oil and gas company's stock valued at $100,000 after purchasing an additional 5,021 shares during the last quarter. Finally, Ballentine Partners LLC raised its holdings in shares of Sasol by 26.1% during the 4th quarter. Ballentine Partners LLC now owns 24,353 shares of the oil and gas company's stock worth $111,000 after buying an additional 5,045 shares in the last quarter. 1.21% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Articles
Before you consider Sasol, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sasol wasn't on the list.
While Sasol currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
