Alert: Major Price Advance (7/22/24)-Sasol Ltd (NYSE: SSL).

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Sasol Ltd (NYSE: SSL) stock closed at $8.05 on 7/22/24 after a major increase of 10.1%. Moreover, unusually high trading volume at 199% of normal accompanied the advance. The stock has risen 5.5% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, SSL is expected to continue to be a major Value Builder.

Sasol has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sasol has a very high Appreciation Score of 94 but a very low Power Rating of 12, and the Neutral Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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