Sasol Ltd ADR (NYSE: SSL) is -29.98% 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 $6.79 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $6.96, the stock is -0.06% and -5.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 2.50% at the moment leaves the stock -10.61% off its SMA200. SSL registered -46.87% loss for a year compared to 6-month loss of -14.39%. The firm has a 50-day simple moving average (SMA 50) of $7.3184 and a 200-day simple moving average (SMA200) of $7.7735.
The stock witnessed a -1.14% gain in the last 1 month and extending the period to 3 months gives it a -12.45%, and is -1.42% 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 2.46% over the week and 2.66% over the month.
Sasol Ltd ADR (SSL) has around 28141 employees, a market worth around $4.38B and $14.70B in sales. Fwd P/E is 2.28. Profit margin for the company is -16.07%. Distance from 52-week low is 11.99% and -50.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.74%).
The EPS is expected to grow by 149.85% this year
The shares outstanding are 642.14M, and float is at 629.98M 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.
