Shares of SunCoke Energy Inc (NYSE:SXC) hit a new 52-week low during trading on Thursday . The stock traded as low as $9.12 and last traded at $9.19, with a volume of 6327 shares traded. The stock had previously closed at $9.50.
Several analysts have recently commented on the company. Zacks Investment Research raised SunCoke Energy from a “sell” rating to a “hold” rating in a research report on Friday, August 10th. B. Riley reiterated a “buy” rating and set a $14.00 price objective on shares of SunCoke Energy in a report on Friday, November 9th. Finally, ValuEngine lowered SunCoke Energy from a “hold” rating to a “sell” rating in a report on Wednesday, November 21st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $13.00.
The company has a debt-to-equity ratio of 1.22, a current ratio of 1.65 and a quick ratio of 1.13. The firm has a market capitalization of $606.69 million, a PE ratio of 32.11 and a beta of 0.71.
SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, October 25th. The energy company reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.17. SunCoke Energy had a return on equity of 5.00% and a net margin of 10.99%. The business had revenue of $364.50 million during the quarter, compared to analyst estimates of $330.25 million. Sell-side analysts expect that SunCoke Energy Inc will post 0.43 EPS for the current fiscal year.
Several large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC raised its holdings in SunCoke Energy by 933.2% during the third quarter. Tower Research Capital LLC TRC now owns 8,586 shares of the energy company’s stock valued at $100,000 after buying an additional 7,755 shares in the last quarter. Capital Fund Management S.A. bought a new position in SunCoke Energy during the second quarter valued at about $143,000. HRT Financial LLC bought a new position in SunCoke Energy during the third quarter valued at about $133,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in SunCoke Energy during the second quarter valued at about $183,000. Finally, Globeflex Capital L P raised its holdings in SunCoke Energy by 549.1% during the second quarter. Globeflex Capital L P now owns 15,688 shares of the energy company’s stock valued at $210,000 after buying an additional 13,271 shares in the last quarter. Institutional investors and hedge funds own 88.57% of the company’s stock.
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About SunCoke Energy (NYSE:SXC)
SunCoke Energy, Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.
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