Sasol Ltd ADR (NYSE: SSL) is -0.66% lower on its value in year-to-date trading and has touched a low of $2.78 and a high of $8.40 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 $4.42 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $4.53, the stock is 22.42% and 19.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 2.49% at the moment leaves the stock -14.07% off its SMA200. SSL registered -39.68% loss for a year compared to 6-month loss of -13.55%. The firm has a 50-day simple moving average (SMA 50) of $3.7776 and a 200-day simple moving average (SMA200) of $5.2715.
The stock witnessed a 24.11% gain in the last 1 month and extending the period to 3 months gives it a -1.95%, and is 18.90% up 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 3.35% over the week and 2.55% over the month.
Sasol Ltd ADR (SSL) has around 28141 employees, a market worth around $2.85B and $14.22B in sales. Fwd P/E is 2.55. Profit margin for the company is -18.42%. Distance from 52-week low is 62.95% and -46.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.68%).
The EPS is expected to grow by 42.78% this year
125.0 institutions hold shares in Sasol Ltd ADR (SSL), with institutional investors hold 2.52% of the company’s shares. The shares outstanding are 642.14M, and float is at 629.98M with Short Float at 1.19%. Institutions hold 2.52% of the Float.
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 0.2896 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 0.1654 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.99 million shares representing 0.1563 and valued at over $7.53 million, while CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. holds 0.142 of the shares totaling 0.9 million with a market value of $6.84 million.
