Zacks Investment Research downgraded Sasol Limited (ADR) (NYSE:SSL) to Sell in a report released today.
- Updated: September 17, 2016
Zacks Investment Research has downgraded Sasol Limited (ADR)(NYSE:SSL) to Sell in a statement released on 8/18/2016.
Boasting a price of $28.26, Sasol Limited (ADR) (NYSE:SSL) traded 1.35% lower on the day. With the last stock price close down 8.10% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time. SSL has registered a 50-day moving average of $26.89 and two hundred day average of $28.63. Trade volume was was down over the average, with 298,982 shares of SSL changing hands under the typical 302,902 shares.
Sasol Limited (ADR) has a P/E of 17 with a 52 week low of $21.07 and a one-year high of $34.73 and has a total market value of $0.0.
A total of 1 firm has released a report on SSL. Zero rate the stock a strong buy, 0 rate the stock a buy, one firm rate the company a hold, 0 rate the stock to underperform, and finally 0 firmsrate the stock as sell with an average target stock price of $33.00
About Sasol Limited (ADR) (NYSE:SSL)
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. Through Sasol technologies and processes, the Company produces various products, such as fuel components, chemical components and co-products. From these products and processes it delivers diesel, petrol (gasoline), naphtha, kerosene (jet fuel), liquid petroleum gas (LPG), olefins, alcohols, polymers, solvents, surfactants, co-monomers, ammonia, methanol, crude tar acids, sulfur, illuminating paraffin, and bitumen and fuel oil. Its products are used in the production process of numerous everyday products made across the world.
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