Sasol Limited (NYSE:SSL) traded at $7.84 at last check on Monday, June 29, making an upward move of 2.21% on its previous day’s price.
Looking at the stock we see that its previous close was $7.68 and the beta (5Y monthly) reads 2.09 with the day’s price range being $7.64 – 7.98. The company has a 12-month trailing PE ratio of 7.46. In terms of its 52-week price range, SSL has a high of $24.96 and a low of $1.25. The company’s stock has gained about 50.88% over that past 30 days.
On the other hand, looking at the outlook for the SSL stock, short term indicators assign the stock an average of Hold, 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.
Based on estimates by 9 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the Sasol Limited (SSL) stock as a Hold, while 3 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the SSL stock currently stands at 0, and the current price level is -4.88% off its SMA20 and 33.27% from its 50-day simple moving average. The RSI (14) is pointing at 52.77 while the volatility over the past week is 5.51% and jumps to 9.27% over the past one month. The beta value is 3.55, while the average true range (ATR) is currently pointing at 0.84. The average price target for the stock over the next 12 months is $7.2, with the estimates having a low of $3 and a high of $11.35. These price ends are -61.73% and +44.77% off the current price level respectively, although investors could be excited at the prospect of a -9.69% if the SSL share price touches on the median price of $7.08.
Let’s briefly compare Sasol (SSL) stock to its peers. We find that today’s price change of +2.21% and -69.09% over the past 12 months for SSL competes that of Exxon Mobil Corp (XOM), which has seen its stock price rise 0.94% in the latest trading session and is -42.47% over the last one year. Another of its peers Chevron Corp (CVX) has climbed 1.55% today, but is -29.77% down over the past year, while Royal Dutch Shell ADR Cl A (RDS.A) is also up 2.21% yet its price remains in the red at -69.09% over the same period. Exxon has a P/E ratio of 17.51 compared to Sasol’s 0 and Chevron’s 42.84. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.81% and 1.11%, respectively, in early deals.
Coming back to Sasol Limited (NYSE:SSL), we note that the average 3-month trading volume was 5.17 Million, while that of the preceding 10-day period stands at 3.58 Million. Current shares outstanding are 632.29 Million.
According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 2.06%. The data shows that short shares as of June 14, 2020, stood at 3.08 Million at a short ratio of 0.51. This represents a 0.49% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 3.59 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -64.46% down in year-to-date price movement.