Sasol Limited (NYSE:SSL – Get Rating)’s share price gapped down prior to trading on Monday . The stock had previously closed at $24.27, but opened at $22.88. Sasol shares last traded at $22.86, with a volume of 4,311 shares traded.
SSL has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Sasol from a “buy” rating to a “hold” rating in a report on Saturday, April 16th. The Goldman Sachs Group upgraded shares of Sasol from a “neutral” rating to a “buy” rating in a report on Thursday, March 24th. Finally, StockNews.com began coverage on shares of Sasol in a report on Thursday, March 31st. They set a “buy” rating on the stock.
The business has a 50 day simple moving average of $23.85 and a 200-day simple moving average of $20.12. The company has a quick ratio of 0.98, a current ratio of 1.43 and a debt-to-equity ratio of 0.57.
About Sasol (NYSE:SSL)
Sasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon.
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