EntryPoint Capital LLC Invests $77,000 in Sasol Limited (NYSE:SSL)

EntryPoint Capital LLC purchased a new stake in Sasol Limited (NYSE:SSL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,964 shares of the oil and gas company’s stock, valued at approximately $77,000.

Other hedge funds have also added to or reduced their stakes in the company. Lindbrook Capital LLC lifted its holdings in shares of Sasol by 76.8% in the fourth quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company’s stock valued at $33,000 after purchasing an additional 3,125 shares in the last quarter. Apollon Wealth Management LLC bought a new position in Sasol during the 4th quarter valued at $46,000. Essential Planning LLC. purchased a new position in Sasol during the 4th quarter worth $46,000. Sivia Capital Partners LLC bought a new stake in shares of Sasol in the 4th quarter worth $49,000. Finally, HighTower Advisors LLC purchased a new stake in shares of Sasol in the fourth quarter valued at about $49,000. Institutional investors and hedge funds own 1.21% of the company’s stock.

Analyst Ratings Changes

SSL has been the subject of a number of recent analyst reports. Bank of America downgraded shares of Sasol from a “buy” rating to a “neutral” rating in a research report on Thursday, February 6th. StockNews.com downgraded Sasol from a “buy” rating to a “hold” rating in a research note on Sunday.

Sasol Trading Up 0.6 %

Shares of Sasol stock opened at $4.13 on Monday. The firm has a market cap of $2.67 billion, a PE ratio of 1.82, a P/E/G ratio of 0.17 and a beta of 2.31. Sasol Limited has a 1 year low of $4.04 and a 1 year high of $9.33. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. The stock has a fifty day moving average price of $4.48 and a 200-day moving average price of $5.27.

Sasol Company Profile

Sasol Limited operates as a chemical and energy company in South Africa and internationally. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch catalysts; carbon-based and recarburiser products; graphite electrodes; and mono-ethylene glycol and chlor-alkali products, monomers, mining chemicals and reagents, blends and hydrocarbons, methanol products, polymers, phenolics, and fertilizers.