Recent exceptional negative changes in investment behavior have affected Sasol Ltd (NYSE: SSL): its shorter term price trend turned down, and the stock fell on very heavy volume.
Sasol Ltd (NYSE: SSL) suffers from significant negative changes in fundamentals: 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 C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
SSL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company 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 91 but a poor Power Rating of 16, producing the Neutral Value Trend Rating.
Recent Price Action
On 4/25/24, Sasol Ltd (NYSE: SSL) stock declined by -3.0%, closing at $6.86. Moreover, exceptionally high trading volume at 205% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -15.9% during the last week.
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