Sasol Ltd. (NYSE:SSL) Upgraded at BidaskClub
BidaskClub upgraded shares of Sasol Ltd. (NYSE:SSL) from a sell rating to a hold rating in a research report report published on Thursday.
Separately, J P Morgan Chase & Co cut shares of Sasol from an overweight rating to a neutral rating in a research report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Buy.
Shares of Sasol (SSL) traded up 0.181% during trading on Thursday, reaching $30.475. The company had a trading volume of 159,819 shares. Sasol has a 1-year low of $24.85 and a 1-year high of $32.40. The firm has a market capitalization of $86.49 million, a PE ratio of 16.653 and a beta of 0.89. The firm has a 50-day moving average of $28.49 and a 200 day moving average of $29.35.
Large investors have recently made changes to their positions in the stock. Harding Loevner LP raised its stake in shares of Sasol by 6.2% in the first quarter. Harding Loevner LP now owns 2,336,671 shares of the oil and gas company’s stock worth $68,698,000 after buying an additional 135,787 shares in the last quarter. Sei Investments Co. raised its stake in shares of Sasol by 3,318.6% in the first quarter. Sei Investments Co. now owns 673,700 shares of the oil and gas company’s stock worth $19,807,000 after buying an additional 653,993 shares in the last quarter. Karp Capital Management Corp acquired a new stake in shares of Sasol during the first quarter worth $7,209,000. DUPONT CAPITAL MANAGEMENT Corp raised its stake in shares of Sasol by 8.4% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 201,154 shares of the oil and gas company’s stock worth $5,914,000 after buying an additional 15,553 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Sasol during the first quarter worth $5,638,000. 2.31% of the stock is owned by hedge funds and other institutional investors.
Sasol Company Profile
Sasol Limited is an international integrated chemicals and energy company. The Company develops and commercializes technologies, and builds and operates facilities to produce a range of product streams, including liquid fuels, chemicals and low-carbon electricity. The Company’s operating business units include Mining and, Exploration and Production International.
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