Sasol Ltd ADR (NYSE: SSL) is -32.39% lower on its value in year-to-date trading and has touched a low of $6.22 and a high of $14.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SSL stock was last observed hovering at around $7.06 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $6.72, the stock is -5.96% and -9.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing -4.82% at the moment leaves the stock -14.26% off its SMA200. SSL registered -46.62% loss for a year compared to 6-month gain of -12.16%. The firm has a 50-day simple moving average (SMA 50) of $7.3886 and a 200-day simple moving average (SMA200) of $7.82345.
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The stock witnessed a -17.24% loss in the last 1 month and extending the period to 3 months gives it a -8.82%, and is -6.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.34% over the week and 2.87% over the month.
Sasol Ltd ADR (SSL) has around 28141 employees, a market worth around $4.23B and $14.70B in sales. Fwd P/E is 2.20. Profit margin for the company is -16.07%. Distance from 52-week low is 8.13% and -52.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.74%).
Sasol Ltd ADR quarterly earnings per share for the current quarter are estimated at 0.0 with sales reaching $15.09B over the same period.The EPS is expected to grow by 149.85% this year, but quarterly earnings will post 2.60% year-over-year. Quarterly sales are estimated to grow 2.60% in year-over-year returns.
The shares outstanding are 642.14M, and float is at 629.08M with Short Float at 0.41%.
The top institutional shareholder in the company is MORGAN STANLEY with over 1.83 million shares valued at $13.95 million. The investor’s holdings represent 0.2861 of the SSL Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 1.05 million shares valued at $7.97 million to account for 0.1635 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.99 million shares representing 0.1544 and valued at over $7.53 million, while CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. holds 0.1403 of the shares totaling 0.9 million with a market value of $6.84 million.
