Let’s start up with the current stock price of Sasol Limited (SSL), which is $8.77 to be very precise. The Stock rose vividly during the last session to $9.10 after opening rate of $9.02 while the lowest price it went was recorded $8.66 before closing at $8.86.
Recently in News on January 4, 2021, SOL: Sasol – Successful Completion of the Divestment of Sasol’s 50% Equity Interest in Gemini HDPE LLC. Sasol shareholders are referred to the Company’s Stock Exchange News Service announcement dated 24 November 2020, in relation to the divestment of its 50% interest in the Gemini high-density polyethylene joint ventures to INEOS Gemini HDPE LLC (the “Divestment”). You can read further details here
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Sasol Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.10 on 01/04/21, with the lowest value was $8.66 for the same time period, recorded on 01/04/21.
Sasol Limited (SSL) full year performance was -59.27%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Sasol Limited shares are logging -61.19% during the 52-week period from high price, and 601.60% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.25 and $22.60.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1106960 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Sasol Limited (SSL) recorded performance in the market was -1.02%, having the revenues showcasing 14.34% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.64B, as it employees total of 30670 workers.
Analysts verdict on Sasol Limited (SSL)
During the last month, 3 analysts gave the Sasol Limited a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.74, with a change in the price was noted +0.05. In a similar fashion, Sasol Limited posted a movement of +0.57% for the period of last 100 days, recording 1,222,658 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SSL is recording 1.34 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.06.
Sasol Limited (SSL): Technical Analysis
Raw Stochastic average of Sasol Limited in the period of last 50 days is set at 81.94%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.61%. In the last 20 days, the company’s Stochastic %K was 37.25% and its Stochastic %D was recorded 46.71%.
Let’s take a glance in the erstwhile performances of Sasol Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -1.02%. Additionally, trading for the stock in the period of the last six months notably improved by 5.92%, alongside a downfall of -59.27% for the period of the last 12 months. The shares increased approximately by 1.15% in the 7-day charts and went down by 8.00% in the period of the last 30 days. Common stock shares were driven by 14.34% during last recorded quarter.