Watch for Continued Gains in Shares of Sasol Ltd. American Depositary Shares (SSL)

January 27, 2022 11:16:48

Shares of Sasol Ltd. American Depositary Shares (NYSE:SSL) traded today at $22.07, eclipsing its 52-week high. This new high was reached on below average trading volume as 241,000 shares traded hands, while the average 30-day volume is approximately 469,000 shares.

Sasol Ltd. American Depositary Shares (NYSE:SSL) is currently priced 9.9% above its average consensus analyst price target of $19.49.

In the past 52 weeks, shares of Sasol Ltd. American Depositary Shares have traded between a low of $9.67 and a high of $22.07 and is now at $21.64, which is 124% above that low price.

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.

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