SSL Stock Summary and Trading Ideas (Sasol Ltd. American Depositary Shares | NYSE:SSL)

Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.

Sasol Ltd. American Depositary Shares trades on the NYSE stock market under the symbol SSL.

As of April 25, 2024, SSL stock price declined to $6.86 with 1,382,520 million shares trading.

SSL has a beta of 0.37, meaning it tends to be less sensitive to market movements. SSL has a correlation of 0.01 to the broad based SPY ETF.

SSL has a market cap of $4.43 billion. This is considered a Mid Cap stock.

Last quarter Sasol Ltd. American Depositary Shares reported $31 million in Revenue and $.03 earnings per share. This beat revenue expectation by $997,000 and missed earnings estimates by -$.02.

In the last 3 years, SSL stock traded as high as $28.37 and as low as $6.78.

The top ETF exchange traded funds that SSL belongs to (by Net Assets): AVEM, FRDM, AVES, AFK, APIE.

SSL has underperformed the market in the last year with a price return of -41.6% while the SPY ETF gained +23.6%. SSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.2% and -22.0%, respectively, while the SPY returned +4.1% and -2.1%, respectively.

SSL support price is $6.82 and resistance is $7.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SSL stock will trade within this expected range on the day.