Sasol Ltd ADR (SSL) average volume reaches $958.50K: Is Wall Street expecting a rally?

Sasol Ltd ADR (NYSE: SSL) on Monday, plunged -0.89% from the previous trading day, before settling in for the closing price of $4.50. Within the past 52 weeks, SSL’s price has moved between $4.38 and $10.15.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 2.09%. The company achieved an average annual earnings per share of 120.82%. With a float of $629.98 million, this company’s outstanding shares have now reached $642.14 million.

Considering the fact that the conglomerate employs 28141 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 43.78%, operating margin of 16.52%, and the pretax margin is -8.25%.

Sasol Ltd ADR (SSL) Insider Activity

Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Sasol Ltd ADR is 0.00%, while institutional ownership is 1.79%.

Sasol Ltd ADR (SSL) Earnings and Forecasts

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

Sasol Ltd ADR (SSL) is currently performing well based on its current performance indicators. A quick ratio of 1.58 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19. Likewise, its price to free cash flow for the trailing twelve months is 7.25.

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)

Compared to the last year’s volume of 0.74 million, its volume of 1.0 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.42%. Additionally, its Average True Range was 0.19.

During the past 100 days, Sasol Ltd ADR’s (SSL) raw stochastic average was set at 1.99%, which indicates a significant decrease from 7.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.93% in the past 14 days, which was lower than the 48.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.36, while its 200-day Moving Average is $6.87. Nevertheless, the first resistance level for the watch stands at $4.53 in the near term. At $4.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.68. If the price goes on to break the first support level at $4.38, it is likely to go to the next support level at $4.31. Should the price break the second support level, the third support level stands at $4.23.

Sasol Ltd ADR (NYSE: SSL) Key Stats

Market capitalization of the company is 2.81 billion based on 648,475K outstanding shares. Right now, sales total 14,718 M and income totals -2,369 M. The company made 41,259 M in profit during its latest quarter, and 6,562 M in sales during its previous quarter.