Sasol Ltd. (NYSE:SSL - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $5.11, but opened at $4.57. Sasol shares last traded at $4.57, with a volume of 760,196 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen lowered Sasol from a "buy" rating to a "hold" rating in a report on Friday, May 16th.
Check Out Our Latest Analysis on Sasol
Sasol Stock Down 0.1%
The stock has a market capitalization of $2.88 billion, a P/E ratio of 1.95, a PEG ratio of 0.19 and a beta of 0.79. The company has a 50 day moving average of $4.27 and a 200-day moving average of $4.36.
Hedge Funds Weigh In On Sasol
Large investors have recently bought and sold shares of the business. Rhumbline Advisers increased its holdings in shares of Sasol by 191.6% in the 4th quarter. Rhumbline Advisers now owns 15,129 shares of the oil and gas company's stock worth $69,000 after acquiring an additional 9,940 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Sasol during the fourth quarter valued at approximately $50,000. Raymond James Financial Inc. acquired a new position in shares of Sasol during the fourth quarter worth approximately $54,000. Lindbrook Capital LLC grew its holdings in Sasol by 76.8% in the 4th quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company's stock worth $33,000 after buying an additional 3,125 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. increased its position in Sasol by 97.4% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 33,358 shares of the oil and gas company's stock valued at $152,000 after acquiring an additional 16,462 shares during the period. Institutional investors own 1.21% of the company's stock.
Sasol Company Profile
(
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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