Sasol Ltd. (SSL) Shares Gap Up to $25.15
Sasol Ltd. (NYSE:SSL) shares gapped up prior to trading on Friday . The stock had previously closed at $24.79, but opened at $25.15. Sasol shares last traded at $25.78, with a volume of 91,475 shares traded.
Several research analysts recently commented on the stock. Morgan Stanley upgraded shares of Sasol from an “equal weight” rating to an “overweight” rating in a report on Wednesday, August 10th. Zacks Investment Research downgraded shares of Sasol from a “buy” rating to a “hold” rating in a report on Thursday, May 12th. Finally, Bank of America Corp. upgraded shares of Sasol from a “neutral” rating to a “buy” rating in a report on Tuesday, August 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Sasol currently has an average rating of “Hold” and an average price target of $35.00.
The stock has a 50-day moving average of $27.25 and a 200-day moving average of $28.71. The company has a market cap of $73.14 million and a P/E ratio of 12.90.
Sasol Limited (Sasol) is a holding company. The Company is an integrated energy and chemicals company that develops and commercializes technologies, builds and operates facilities to produce a range of product streams, including liquid fuels, high-value chemicals and low-carbon electricity. The Company operates through six segments: Mining, Exploration and Production International, Energy, Base Chemicals, Performance Chemicals and Other.
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