Sasol Ltd. (NYSE:SSL - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.35 and traded as high as $5.04. Sasol shares last traded at $5.10, with a volume of 751,285 shares traded.
Analysts Set New Price Targets
Separately, Wall Street Zen cut shares of Sasol from a "buy" rating to a "hold" rating in a report on Friday, May 16th.
Get Our Latest Analysis on Sasol
Sasol Stock Up 3.4%
The company's fifty day moving average is $4.47 and its 200 day moving average is $4.35. The firm has a market cap of $3.34 billion, a price-to-earnings ratio of 2.27, a PEG ratio of 0.17 and a beta of 0.76.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Essential Planning LLC. acquired a new stake in Sasol in the fourth quarter valued at $46,000. HighTower Advisors LLC acquired a new stake in Sasol in the fourth quarter valued at $49,000. SBI Securities Co. Ltd. acquired a new stake in Sasol in the fourth quarter valued at $50,000. Raymond James Financial Inc. acquired a new stake in Sasol in the fourth quarter valued at $54,000. Finally, FORA Capital LLC acquired a new stake in Sasol in the first quarter valued at $55,000. Institutional investors and hedge funds own 1.21% of the company's stock.
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.
Further Reading
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