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

Sasol Limited (NYSE:SSL) reached a new 52-week low during trading on Tuesday . The company traded as low as $4.06 and last traded at $4.05, with a volume of 410438 shares changing hands. The stock had previously closed at $4.22.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SSL. Bank of America cut shares of Sasol from a “buy” rating to a “neutral” rating in a research report on Thursday, February 6th. StockNews.com downgraded Sasol from a “buy” rating to a “hold” rating in a report on Thursday, February 6th.

Sasol Stock Down 2.0 %

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 firm has a 50-day simple moving average of $4.66 and a two-hundred day simple moving average of $5.68. The company has a market cap of $2.68 billion, a PE ratio of 1.82, a P/E/G ratio of 0.17 and a beta of 2.31.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SSL. Lindbrook Capital LLC grew its holdings in Sasol by 76.8% in the 4th quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company’s stock valued at $33,000 after buying an additional 3,125 shares during the period. Apollon Wealth Management LLC purchased a new stake in Sasol in the fourth quarter valued at approximately $46,000. Essential Planning LLC. acquired a new position in Sasol during the fourth quarter worth approximately $46,000. Sivia Capital Partners LLC acquired a new position in shares of Sasol in the 4th quarter valued at $49,000. Finally, HighTower Advisors LLC purchased a new stake in shares of Sasol during the 4th quarter valued at $49,000. Hedge funds and other 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.