Let’s start up with the current stock price of Sasol Limited (SSL), which is $17.02 to be very precise. The Stock rose vividly during the last session to $17.11 after opening rate of $16.67 while the lowest price it went was recorded $16.62 before closing at $15.52.Recently in News on September 7, 2021, Sasol and Central Energy Fund sign strategic MOU to accelerate gas development in South Africa. Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa. This agreement brings together South Africa’s two leading pioneers of the gas industry that possess deep experience in operating across the gas value chain, from exploration to downstream operations. You can read further details here
Sasol Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $17.98 on 04/29/21, with the lowest value was $8.64 for the same time period, recorded on 01/05/21.
Sasol Limited (SSL) full year performance was 106.80%
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 -5.34% during the 52-week period from high price, and 274.07% 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 $4.55 and $17.98.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1100503 for the day, which was evidently higher, 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 92.10%, having the revenues showcasing -1.22% 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 10.67B, as it employees total of 28725 workers.
Analysts verdict on Sasol Limited (SSL)
During the last month, 5 analysts gave the Sasol Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 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 15.68, with a change in the price was noted +0.13. In a similar fashion, Sasol Limited posted a movement of +0.77% for the period of last 100 days, recording 472,008 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 0.81 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.76.
Sasol Limited (SSL): Technical Analysis
Raw Stochastic average of Sasol Limited in the period of last 50 days is set at 97.94%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 97.94%. In the last 20 days, the company’s Stochastic %K was 90.81% and its Stochastic %D was recorded 84.49%.
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 pessimistic, given the fact the metric is recording 92.10%. Additionally, trading for the stock in the period of the last six months notably improved by 11.83%, alongside a boost of 106.80% for the period of the last 12 months. The shares increased approximately by 11.24% in the 7-day charts and went down by 15.08% in the period of the last 30 days. Common stock shares were lifted by -1.22% during last recorded quarter.