SunCoke Energy, Inc. (NYSE:SXC) Director James E. Sweetnam sold 11,715 shares of the business’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of $9.09, for a total transaction of $106,489.35. Following the sale, the director now owns 20,000 shares in the company, valued at $181,800. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
SunCoke Energy, Inc. (SXC) opened at 8.71 on Tuesday. The stock’s 50 day moving average price is $9.08 and its 200 day moving average price is $9.31. The firm’s market cap is $560.31 million. SunCoke Energy, Inc. has a 1-year low of $6.36 and a 1-year high of $13.14.
SunCoke Energy (NYSE:SXC) last announced its earnings results on Thursday, July 27th. The energy company reported ($0.07) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.07. SunCoke Energy had a positive return on equity of 3.27% and a negative net margin of 0.01%. The business had revenue of $323.20 million during the quarter, compared to analysts’ expectations of $347.90 million. During the same quarter last year, the business posted ($0.07) earnings per share. The company’s quarterly revenue was up 10.4% on a year-over-year basis. Equities research analysts predict that SunCoke Energy, Inc. will post ($0.34) EPS for the current year.
Large investors have recently added to or reduced their stakes in the stock. Two Sigma Securities LLC acquired a new position in shares of SunCoke Energy in the 1st quarter valued at $121,000. Advisor Partners LLC boosted its position in shares of SunCoke Energy by 0.3% in the 2nd quarter. Advisor Partners LLC now owns 11,765 shares of the energy company’s stock valued at $128,000 after purchasing an additional 41 shares during the period. Mason Street Advisors LLC boosted its position in shares of SunCoke Energy by 6.9% in the 1st quarter. Mason Street Advisors LLC now owns 15,007 shares of the energy company’s stock valued at $134,000 after purchasing an additional 975 shares during the period. State of Alaska Department of Revenue boosted its position in shares of SunCoke Energy by 78.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 12,693 shares of the energy company’s stock valued at $138,000 after purchasing an additional 5,583 shares during the period. Finally, Sterneck Capital Management LLC acquired a new position in shares of SunCoke Energy in the 1st quarter valued at $148,000. Institutional investors and hedge funds own 90.24% of the company’s stock.
SXC has been the subject of several research reports. TheStreet downgraded SunCoke Energy from a “c-” rating to a “d+” rating in a research note on Friday, August 4th. BidaskClub downgraded SunCoke Energy from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, Zacks Investment Research downgraded SunCoke Energy from a “hold” rating to a “sell” rating in a research note on Friday, August 4th.
SunCoke Energy Company Profile
SunCoke Energy, Inc is a producer of coke in the Americas. The Company’s segments include Domestic Coke, Brazil Coke, Coal Logistics, and Corporate and Other. The Domestic Coke segment consists of its Jewell Coke Company, L.P. (Jewell), Indiana Harbor Coke Company (Indiana Harbor), Haverhill Coke Company LLC (Haverhill), Gateway Energy and Coke Company, LLC (Granite City) and Middletown Coke Company, LLC (Middletown) cokemaking and heat recovery operations.
Receive News & Ratings for SunCoke Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.