Sasol Ltd ADR (NYSE: SSL) is -3.07% lower on its value in year-to-date trading and has touched a low of $4.38 and a high of $9.87 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 $4.47 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $4.42, the stock is -6.81% and -14.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing -1.12% at the moment leaves the stock -34.81% off its SMA200. SSL registered -54.76% loss for a year compared to 6-month loss of -41.99%. The firm has a 50-day simple moving average (SMA 50) of $5.1686 and a 200-day simple moving average (SMA200) of $6.7803.
The stock witnessed a -11.07% gain in the last 1 month and extending the period to 3 months gives it a -36.59%, and is -3.07% 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 3.28% over the week and 3.18% over the month.
Sasol Ltd ADR (SSL) has around 28141 employees, a market worth around $2.78B and $14.70B in sales. Fwd P/E is 1.68. Profit margin for the company is -16.07%. Distance from 52-week low is 0.91% and -55.22% 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 120.82% this year
The shares outstanding are 642.14M, and float is at 629.98M with Short Float at 0.94%.
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.
