Sasol (NYSE:SSL) Sets New 12-Month Low – Time to Sell?

Sasol Limited (NYSE:SSL) shares reached a new 52-week low on Tuesday . The stock traded as low as $4.38 and last traded at $4.48, with a volume of 789586 shares. The stock had previously closed at $4.66.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Sasol from a “hold” rating to a “buy” rating in a report on Monday, December 30th.

Sasol Stock Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. The company’s fifty day simple moving average is $5.16 and its two-hundred day simple moving average is $6.52. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 1.97, a P/E/G ratio of 0.13 and a beta of 2.34.

Institutional Trading of Sasol

Several institutional investors have recently made changes to their positions in the company. American Century Companies Inc. grew its stake in shares of Sasol by 7.1% in the 2nd quarter. American Century Companies Inc. now owns 542,205 shares of the oil and gas company’s stock worth $4,126,000 after acquiring an additional 35,818 shares in the last quarter. Point72 Asset Management L.P. grew its stake in shares of Sasol by 312.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 296,800 shares of the oil and gas company’s stock worth $2,006,000 after acquiring an additional 224,900 shares in the last quarter. Creative Planning grew its stake in shares of Sasol by 21.8% in the 3rd quarter. Creative Planning now owns 144,902 shares of the oil and gas company’s stock worth $980,000 after acquiring an additional 25,961 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Sasol in the 3rd quarter worth $670,000. Finally, Cerity Partners LLC grew its stake in shares of Sasol by 173.2% in the 3rd quarter. Cerity Partners LLC now owns 63,417 shares of the oil and gas company’s stock worth $429,000 after acquiring an additional 40,206 shares in the last quarter. Institutional investors own 1.21% of the company’s stock.

Sasol Company Profile

Sasol Limited operates as a chemical and energy company in South Africa and internationally. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch catalysts; carbon-based and recarburiser products; graphite electrodes; and mono-ethylene glycol and chlor-alkali products, monomers, mining chemicals and reagents, blends and hydrocarbons, methanol products, polymers, phenolics, and fertilizers.