Sasol Ltd (NYSE: SSL) has recently experienced extremely important negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.
Notable 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sasol has a very high Appreciation Score of 94 but a slightly negative Power Rating of 39, with the Positive Value Trend Rating the result.
Recent Price Action
Sasol Ltd (NYSE: SSL) stock enjoyed a very large increase of 6.1% on 6/20/24. The shares closed at $7.69. Moreover, trading volume in this advance was exceptionally high at 224% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 18.7% during the last week.
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