Santos Ltd (OTCMKTS:SSLTY) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Friday.

Shares of Santos (SSLTY) opened at 2.35 on Friday. The firm has a 50-day moving average price of $2.61 and a 200-day moving average price of $2.85. Santos has a 52-week low of $2.35 and a 52-week high of $3.79. The firm’s market capitalization is $4.78 billion.

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About Santos

Santos Limited is a natural gas company. The Company is engaged in the exploration, development, production and sales of natural gas both onshore and offshore. The Company produces liquid petroleum gas (LPG), ethane, methane, Coal seam gas (CSG), Liquefied natural gas (LNG), shale gas, condensate and oil.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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