Sesa Sterlite (SSLT) Announces Quarterly Earnings Results
Sesa Sterlite (NASDAQ:SSLT) posted its quarterly earnings results on Tuesday. The company reported $0.07 earnings per share (EPS) for the quarter, Stock Ratings News reports.
Shares of Sesa Sterlite (NASDAQ:SSLT) traded down 0.87% during mid-day trading on Tuesday, hitting $19.28. 15,099 shares of the company’s stock traded hands. Sesa Sterlite has a 1-year low of $7.9466 and a 1-year high of $21.36. The stock has a 50-day moving average of $19.67 and a 200-day moving average of $14.77. The company has a market cap of $14.291 billion and a price-to-earnings ratio of 13.62.
On a related note, analysts at Credit Agricole downgraded shares of Sesa Sterlite from a “buy” rating to an “outperform” rating in a research note on Tuesday, June 10th.
Sesa Sterlite Limited, formerly Sesa Goa Limited, is a diversified global metals and mining company. The Company is engaged exploration, mining and processing of iron-ore.
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