Should Investors Trust The Upside Potential In Sasol Ltd ADR (SSL)?

Sasol Ltd ADR (NYSE:SSL) currently has a daily average trading volume of 1.23M but it saw 1684268 shares traded in last market. With a market cap of 2.00B USD, the company’s current market price of $3.18 came falling about -2.15 while comparing to the previous closing price of $3.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.11 and as low as $2.78. In the recent trading on the day, stock has struck highest price mark of $3.09 while lowest mark touched by it was $3.215.

Taking a look at 20-day trading activity of Sasol Ltd ADR (SSL) gives us an average price of $3.91, while its current price level is -65.09% below from 52-week high level whereas it is 14.39% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.25 while that of 200 days or SMA-200 reads an average of $5.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.37% during that period while stretching the period over a month that decreases to 4.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.47 which implies that the stock is in neutral territory.

Over the week, SSL’s stock price is moving -11.17% down while it is -27.73% when we observe its performance for the past one month. Year-to-date it is -30.26% down and over the past year, the stock is showing a downside performance of -65.17%.

Currently, Sasol Ltd ADR’s total number of outstanding shares is 642.14M with 0.00% of that held by the insiders while 2.49% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -18.68% and return on equity (ROE) at -28.05%. It has a 1.56 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 0.26 while price to sale or P/S ratio amounts to 0.14. Its return on asset (ROA) is -12.23% on average.