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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 $7.64, down 0.26% from the previous day, and has decreased 48.93% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.59 percentage points. Sasol stock is currently +2.28% from its 52-week low of $7.47, and -49.84% from its 52-week high of $15.23.

There are currently 640.67M SSL shares outstanding. The market cap of SSL is $4.89B. In the past 24 hours, 774,730 SSL shares were traded.

How to Buy Sasol Stock

Wondering how to invest in Sasol stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

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  • 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.
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Step 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

  1. 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.
  2. Enter your personal data to start your new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$7.64
1w %
-4.02%
1y %
-48.93%
5y %
-73.75%
P/E
10.27x
P/B
0.47x
P/S
0.32x
PEG
N/A
Revenue
$15.39B
Earnings
$467.53M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$4.89B
Next Earnings
Feb 26, 2024
Next Dividend
N/A

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 10.27x, relative to Specialty Chemicals industry P/E ratio of 64.1x
  • SSL may be undervalued based on its P/B ratio of 0.47x, relative to Specialty Chemicals industry P/B ratio of 3.25x

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's operating cash flow of $1.88B allows it to safely service it's debt of $7.65B.

Cons:

  • SSL has a relatively high debt to equity ratio of 1.18.
  • SSL earnings of $1.23B is not enough to cover its interest payments.
  • SSL profit margin has gone down from 14.3% to 3% in the past year.
  • There are more long-term liabilities than short-term assets on the SSL balance sheet.
  • Total SSL debt is higher than 5 years ago, relative to shareholder equity.

Metrics for Advanced SSL Traders

SMA10
7.95
SMA20
8.26
SMA50
8.98
SMA100
10.72
SMA200
11.83
MACD
-0.37
MACD Signal
-0.38
MACD Histogram
0.01
RSI
35.81
Stochastic %K
24.48
Stochastic %D
35.33
StochRSI %K
67.15
StochRSI %D
83.35

How are SSL Revenues/Earnings doing?

Last year, SSL earnings were $467.53M. In the past 5 year, SSL's earnings have gone up by -6.15% per year. This was slower than the Specialty Chemicals industry average of 5.18%.

Last year, SSL revenue was $15.39B. Over the past five year, SSL's revenue has gone up by 3.43% per year. This was slower than the Specialty Chemicals industry average of 5.11%.

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?

Sasol pays a dividend of 12.03%, compared to the Specialty Chemicals industry's average dividend yield of 2.63%. If you owned $1,000 of SSL stock, you would have been paid $120.32 last year.

Sasol dividend payments have not consistently grown over the past decade and have not remained stable.

Find more info about Sasol dividend yield and history here.

Get analysis from other traders

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your SSL trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • 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 an exact price, use a limit order.

Press the Open Trade button and your broker will execute your order.

If you require additional help investing in stocks on eToro, watch the how to video below:

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Step 6: Get updates on your investment in SSL

Now that you own some shares in SSL, you'll want to stay up-to-date on your new shares.

Start a watchlist to get the latest updates about your SSL stock.

SSL Feed

How to Buy Stock in Sasol

To summarize, here are the 6 steps to buy Sasol stock:

  1. Choose where to buy Sasol stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Sasol stock
  5. Execute your SSL trade
  6. Get updates on your investment in SSL

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your new investment in Sasol, create a watchlist today.

NYSE: SSL
$7.64-0.02 (-0.26%)
Updated Feb 21, 2024
Open eToro Account
NYSE: SSL
$7.64-0.02 (-0.26%)
Updated Feb 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sasol share?

As of Feb 21, 2024, it costs $7.64 to buy one share of Sasol stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.393 shares of SSL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Sasol stock?

One way to place an order for Sasol stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.