Sasol Ltd ADR (NYSE:SSL) traded at $9.29 at last check on Tuesday, April 09, made an upward move of 6.29% on its previous day’s price.
Looking at the stock we see that its previous close was $8.74 and the beta (5Y monthly) reads 2.22. The company has a trailing 12-month PE ratio of 40.10. In terms of its 52-week price range, SSL has a high of $14.49 and a low of $7.10. The company’s stock has gained about 18.50% over that past 30 days.
Sasol Ltd ADR has a market cap of $5.85 billion. With its Forward Dividend at 0.63 and a yield of 6.79%, the company’s investors could be anxious for the SSL stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the SSL stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is 19.86% off its SMA20 and 17.58% from its 50-day simple moving average. The RSI (14) is pointing at 72.85 while the volatility over the past week is 2.51% and jumps to 2.51% over the past one month. The beta value is 2.44, while the average true range (ATR) is currently pointing at 0.31.
Coming back to Sasol Ltd ADR (NYSE:SSL), we note that the average 3-month trading volume was 649.70K, while that of the preceding 10-day period stands at 0.59 million. Current shares outstanding are 634.34 million.
The insiders hold 0.00% of the company’s shares while institutions hold 1.25%. The data shows that short shares as of Mar 15, 2024, stood at 3.63 million at a short ratio of 5.45. This represents a 0.56% short interest in shares outstanding on Mar 15, 2024. Shares short rose in March from the previous month at 2.97 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -6.54% down in year-to-date price movement.
