Sasol Ltd. (NYSE:SSL - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.37 and traded as high as $5.30. Sasol shares last traded at $5.19, with a volume of 840,274 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen lowered shares of Sasol from a "buy" rating to a "hold" rating in a research report on Friday, May 16th.
View Our Latest Analysis on SSL
Sasol Stock Performance
The company has a debt-to-equity ratio of 0.76, a current ratio of 1.84 and a quick ratio of 1.16. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 2.20, a PEG ratio of 0.17 and a beta of 0.76. The company's 50-day moving average price is $4.70 and its two-hundred day moving average price is $4.38.
Institutional Trading of Sasol
Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Sasol during the fourth quarter worth about $54,000. HighTower Advisors LLC bought a new stake in shares of Sasol in the fourth quarter valued at approximately $49,000. Signaturefd LLC raised its position in shares of Sasol by 38.1% in the fourth quarter. Signaturefd LLC now owns 33,413 shares of the oil and gas company's stock valued at $152,000 after purchasing an additional 9,221 shares during the period. PDS Planning Inc bought a new stake in shares of Sasol in the fourth quarter valued at approximately $94,000. Finally, American Century Companies Inc. grew its stake in Sasol by 6.1% during the fourth quarter. American Century Companies Inc. now owns 659,263 shares of the oil and gas company's stock valued at $3,006,000 after acquiring an additional 38,029 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.
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