Shares of Sasol Ltd. American Depositary Shares (NYSE:SSL) traded today at $26.18, eclipsing its 52-week high. This new high was reached on below average trading volume as 159,000 shares traded hands, while the average 30-day volume is approximately 299,000 shares.
Over the past year, Sasol Ltd. American Depositary Shares has traded in a range of $12.74 to $26.18 and is now at $26.07, 105% above that low.
Sasol Ltd operates as a vertically integrated chemicals and energy company through its three main segments: mining and gas; fuels and chemicals. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company’s energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas.
Sasol Ltd. American Depositary Shares has overhead space with shares priced $26.07, or 6.5% below the average consensus analyst price target of $27.88.
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