Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Sasol Ltd (ADR) before investing.

In this article, we go over a few key elements for understanding Sasol Ltd (ADR)’s stock price such as:

• Sasol Ltd (ADR)’s current stock price and volume
• Why Sasol Ltd (ADR)’s stock price changed recently
• Upgrades and downgrades for SSL from analysts
• SSL’s stock price momentum as measured by its relative strength

About Sasol Ltd (ADR) (SSL)

Before we jump into Sasol Ltd (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Sasol Limited is a global chemical and energy company. The Company’s segments include Advanced Materials, Base Chemicals, Essential Care Chemicals and Performance Solutions. Its Advanced Materials segment manufactures specialty alumina, carbon and cobalt catalysts. Its Base Chemicals segment offers materials including the basic building blocks for products such as agriculture film, pipes, woven fabric, sunscreens, fertilizer, vitamin production and others. Its Essential Care Chemicals segment focuses on three markets: fabric and home care/industrial and institutional cleaning; personal care/health and wellness, and technical formulations to support industrial applications. It produces a variety of surfactants, surfactant intermediates, fatty alcohols and linear alkyl benzene. Its Performance Solutions segment offers solvents, synthetic waxes, comonomers and specialty chemicals.

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Sasol Ltd (ADR)’s Stock Price as of Market Close

As of March 14, 2024, 4:00 PM, CST, Sasol Ltd (ADR)’s stock price was $7.35.

Sasol Ltd (ADR) is down 5.89% from its previous closing price of $7.81.

During the last market session, Sasol Ltd (ADR)’s stock traded between $7.61 and $7.86. Currently, there are 630.94 million shares of Sasol Ltd (ADR) stock available for purchase.

Sasol Ltd (ADR)’s price-earnings (P/E) ratio is currently at 33.1, which is high compared to the Chemicals - Diversified industry median of 27.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Sasol Ltd (ADR) Stock Price History

Sasol Ltd (ADR)’s (SSL) price is currently down 3.03% so far this month.

During the month of March, Sasol Ltd (ADR)’s stock price has reached a high of $8.01 and a low of $7.34.

Over the last year, Sasol Ltd (ADR) has hit prices as high as $14.49 and as low as $7.31. Year to date, Sasol Ltd (ADR)’s stock is down 53.21%.

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What Caused Sasol Ltd (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 13, 2024, there were analysts who downgraded Sasol Ltd (ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Sasol Ltd (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Sasol Ltd (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Sasol Ltd (ADR)’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Sasol Ltd (ADR) (SSL) by visiting AAII Stock Evaluator.

Relative Price Strength of Sasol Ltd (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 13, 2024, Sasol Ltd (ADR) has a weighted four-quarter relative price strength of -18.46%, which translates to a Momentum Score of 19 and is considered to be Very Weak.

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Sasol Ltd (ADR) Stock Price: Bottom Line

As of March 14, 2024, Sasol Ltd (ADR)’s stock price is $7.35, which is down 5.89% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Sasol Ltd (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.