Sasol Ltd ADR (NYSE: SSL) is -26.40% 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 $5.14 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $5.38, the stock is 8.71% and 13.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing 4.67% at the moment leaves the stock 12.63% off its SMA200. SSL registered 17.98% gain for a year compared to 6-month loss of 3.46%. The firm has a 50-day simple moving average (SMA 50) of $4.7422 and a 200-day simple moving average (SMA200) of $4.77685.
The stock witnessed a 5.28% gain in the last 1 month and extending the period to 3 months gives it a 47.40%, and is 8.47% 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 2.71% over the week and 2.82% over the month.
Sasol Ltd ADR (SSL) has around 28141 employees, a market worth around $3.39B and $14.22B in sales. Fwd P/E is 2.94. Profit margin for the company is -18.42%. Distance from 52-week low is 93.53% and -35.95% 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 57.65% this year
123.0 institutions hold shares in Sasol Ltd ADR (SSL), with institutional investors hold 2.51% of the company’s shares. The shares outstanding are 642.14M, and float is at 629.98M with Short Float at 1.11%. Institutions hold 2.51% 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 0.2597 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.
