Sasol Ltd (NYSE: SSL) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Important negative changes in fundamentals have recently occurred for Sasol Ltd (NYSE: SSL): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Sasol has a very high Appreciation Score of 93 but a neutral Power Rating of 43, resulting in the Positive Value Trend Rating.
Recent Price Action
Sasol Ltd (NYSE: SSL) stock was unchanged 0.0% on 9/4/24. The shares closed at $7.04. Moreover, this flat performance was accompanied by unusually high trading volume at 156% of normal. The stock has been weak relative to the market over the last nine months and has declined -15.3% during the last week.
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