How to Buy Sasol Stock
Sasol Ltd
Sasol is a specialty chemical company located in South Africa, which is part of the Basic Materials sector, and is traded under the ticker SSL on the NYSE exchange.
Sasol stock last closed at $12.43, up 2.9% from the previous day, and has increased 200.24% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 1.94 percentage points. Sasol stock is currently +347.12% from its 52-week low of $2.78, and -7.17% from its 52-week high of $13.39.
There are currently 649.38M SSL shares outstanding. The market cap of SSL is $8.07B. In the past 24 hours, 2.47M SSL shares were traded.
How to Buy Sasol Stock
Wondering how to invest in Sasol stock? Here's how.
- Choose where to buy Sasol stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Sasol stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your info.
- Research Sasol stock: The Sasol ticker symbol is SSL. Is Sasol stock a good investment? Should you buy shares of SSL? How do SSL's underlying business fundamentals look? Do top analysts think Sasol is a good buy? Why has SSL's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SSL is a good stock to buy).
- Execute your SSL trade: Decide if you will purchase SSL shares at the current market price or use a limit order to buy SSL shares at a particular price.
- Get updates on your investment in SSL: Create a watchlist to important updates regarding your new investment in Sasol stock.
Step 1: Choose where to buy Sasol stock
You need an online brokerage account to access the NYSE market and buy SSL shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Energy, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in SSL stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on the best stock investing app, you need to deposit funds:
Check out the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Research Sasol stock
Once you have identified the best place to buy Sasol stock, it's absolutely critical to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Sasol quick stats
SSL Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on SSL's stock page.
Is SSL stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge SSL's true value.
Using relative valuations metrics:
- SSL may be undervalued based on its P/E ratio of 20.68x, relative to Specialty Chemicals industry P/E ratio of -1.83x
- SSL may be undervalued based on its P/B ratio of 0.93x, relative to Specialty Chemicals industry P/B ratio of 3.71x
You can do more valuation analysis on SSL's stock here.
Is SSL a healthy company?
Pros:
- There are more short-term assets than short-term liabilities on the SSL balance sheet.
- SSL profit margin has gone up from -16.1% to 2.7% in the past year.
- SSL's operating cash flow of $2.17B allows it to safely service it's debt of $6.84B.
- Total SSL debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SSL earnings of $1.18B is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the SSL balance sheet.
- SSL has a relatively high debt to equity ratio of 1.33.
Metrics for Advanced SSL Traders
How are SSL Revenues/Earnings doing?
Last year, SSL earnings were $383.62M. In the past 4 year, SSL's earnings have gone up by -12.59% per year. This was slower than the Specialty Chemicals industry average of 11.37%.
Last year, SSL revenue was $14.12B. Over the past five year, SSL's revenue has gone up by 4.89% per year. This was slower than the Specialty Chemicals industry average of 6.68%.
You can analyze SSL's earnings and revenue performance here.
Who is buying/selling SSL?
In the last 12 months, insiders at SSL have not bought or sold any shares.
Learn more about who owns SSL shares here.
Can I get consistent income from SSL stock?
No, Sasol doesn't provide an income stream by paying out dividends.
What do other investors have to say about SSL?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your SSL trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in SSL
Now that you own some SSL stock, you'll want to stay up-to-date on your company.
Create a watchlist to keep tabs on your SSL stock.
SSL Feed
How to Buy Stock in Sasol
To reiterate, here are the 6 steps you need to take to buy Sasol stock right now:
- Choose where to buy Sasol stock
- Create a brokerage account
- Fund your investment account
- Research Sasol stock
- Execute your SSL trade
- Get updates on your investment in SSL
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Sasol, hit the button below to create your watchlist.
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