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

Sasol Ltd ADR (NYSE: SSL) kicked off on Monday, up 7.85% from the previous trading day, before settling in for the closing price of $4.97. Over the past 52 weeks, SSL has traded in a range of $4.90-$10.27.

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During the last 5-year period, the sales growth of Basic Materials Sector giant was 2.09%. While this was happening, its average annual earnings per share was recorded 120.82%. With a float of $629.98 million, this company’s outstanding shares have now reached $642.14 million.

Let’s determine the extent of company efficiency that accounts for 28141 employees. 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

Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Sasol Ltd ADR is 0.00%, while institutional ownership is 1.79%.

Sasol Ltd ADR (SSL) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 120.82% per share during the next fiscal year.

Sasol Ltd ADR (NYSE: SSL) Trading Performance Indicators

Take a look at Sasol Ltd ADR’s (SSL) current performance indicators. Last quarter, stock had a quick ratio of 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23. Likewise, its price to free cash flow for the trailing twelve months is 8.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.71, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 2.64 in one year’s time.

Technical Analysis of Sasol Ltd ADR (SSL)

Looking closely at Sasol Ltd ADR (NYSE: SSL), its last 5-days average volume was 1.15 million, which is a jump from its year-to-date volume of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 36.32%. Additionally, its Average True Range was 0.23.

During the past 100 days, Sasol Ltd ADR’s (SSL) raw stochastic average was set at 13.14%, which indicates a significant decrease from 72.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.43% in the past 14 days, which was higher than the 53.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.93, while its 200-day Moving Average is $7.07. However, in the short run, Sasol Ltd ADR’s stock first resistance to watch stands at $5.53. Second resistance stands at $5.70. The third major resistance level sits at $5.87. If the price goes on to break the first support level at $5.20, it is likely to go to the next support level at $5.03. Now, if the price goes above the second support level, the third support stands at $4.86.

Sasol Ltd ADR (NYSE: SSL) Key Stats

The company with the Market Capitalisation of 3.38 billion has total of 648,475K Shares Outstanding. Its annual sales at the moment are 14,718 M in contrast with the sum of -2,369 M annual income. Company’s last quarter sales were recorded 41,259 M and last quarter income was 6,562 M.