Let’s look at the key reasons that are pushing Sasol Ltd ADR (SSL) to new highs

On Friday, Sasol Ltd ADR (NYSE: SSL) was -2.53% drop from the session before settling in for the closing price of $5.14. A 52-week range for SSL has been $5.05 – $11.65.

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Basic Materials Sector giant saw their annual sales surged by 2.09% over the last five years. When this article was written, the company’s average yearly earnings per share was at 121.51%. With a float of $629.98 million, this company’s outstanding shares have now reached $642.14 million.

The firm has a total of 28141 workers. Let’s measure their productivity. In terms of profitability, gross margin is 43.2%, operating margin of 16.52%, and the pretax margin is 2.24%.

Sasol Ltd ADR (SSL) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sasol Ltd ADR stocks. The insider ownership of Sasol Ltd ADR is 0.00%, while institutional ownership is 1.79%.

Sasol Ltd ADR (SSL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 121.51% per share during the next fiscal year.

Sasol Ltd ADR (NYSE: SSL) Trading Performance Indicators

You can see what Sasol Ltd ADR (SSL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21. Likewise, its price to free cash flow for the trailing twelve months is 8.15.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.71, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 2.65 in one year’s time.

Technical Analysis of Sasol Ltd ADR (SSL)

Analysing the last 5-days average volume posted by the [Sasol Ltd ADR, SSL], we can find that recorded value of 0.9 million was better than the volume posted last year of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 18.32%. Additionally, its Average True Range was 0.21.

During the past 100 days, Sasol Ltd ADR’s (SSL) raw stochastic average was set at 3.14%, which indicates a significant decrease from 15.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.80% in the past 14 days, which was lower than the 51.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.15, while its 200-day Moving Average is $7.15. Now, the first resistance to watch is $5.05. This is followed by the second major resistance level at $5.10. The third major resistance level sits at $5.17. If the price goes on to break the first support level at $4.93, it is likely to go to the next support level at $4.86. Now, if the price goes above the second support level, the third support stands at $4.81.

Sasol Ltd ADR (NYSE: SSL) Key Stats

There are 648,475K outstanding shares of the company, which has a market capitalization of 3.16 billion. As of now, sales total 14,718 M while income totals -2,369 M. Its latest quarter income was 41,259 M while its last quarter net income were 6,562 M.