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 $6.77, down 1.74% from the previous day, and has decreased 5.45% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.02 percentage points. Sasol stock is currently +143.53% from its 52-week low of $2.78, and -7.77% from its 52-week high of $7.34.
There are currently 649.38M SSL shares outstanding. The market cap of SSL is $4.40B. In the past 24 hours, 1.13M 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.
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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.
- 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 11.26x, relative to Specialty Chemicals industry P/E ratio of 17.86x
- SSL may be undervalued based on its P/B ratio of 0.51x, relative to Specialty Chemicals industry P/B ratio of 3.35x
- SSL may be undervalued based on its PEG ratio of 0.15x
You can do additional valuation research on SSL's stock here.
How do SSL Financials look?
Pros:
- 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.
- There are more short-term assets than short-term liabilities on the SSL balance sheet.
- Total SSL debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SSL has a relatively high debt to equity ratio of 1.33.
- 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.
You can dig deeper into what analysts are projecting on the Sasol stock forecast page.
Metrics for Advanced SSL Traders
How are SSL Revenues/Earnings doing?
Last year, SSL earnings were $383.62M. Over the past 4 year, SSL's earnings have increased by -12.59% per year. This was slower than the Specialty Chemicals industry average of 13.51%.
Last year, SSL revenue was $14.12B. Over the last 5 year, SSL's revenue has increased by 4.89% per year. This was slower than the Specialty Chemicals industry average of 5.51%.
You can research SSL's earnings and revenue performance here.
What are SSL executives and large shareholders up to?
In the past 12 months, insiders at SSL have not bought or sold any shares.
Get more info about who owns SSL stock 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 primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your SSL trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need more assistance investing in stocks on eToro, click the helpful 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 new investment.
Make 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 stock in Sasol:
- 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 favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Sasol, click below.
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