SunCoke Energy Inc (NYSE: SXC) is -20.28% lower on its value in year-to-date trading and has touched a low of $7.47 and a high of $12.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SXC stock was last observed hovering at around $8.66 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $8.53, the stock is -7.00% and -6.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing -1.50% at the moment leaves the stock -12.11% off its SMA200. SXC registered -16.62% loss for a year compared to 6-month loss of -22.52%.
The stock witnessed a -3.40% gain in the last 1 month and extending the period to 3 months gives it a -10.21%, and is -6.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 3.01% over the month.
SunCoke Energy Inc (SXC) has around 868 employees, a market worth around $722.06M and $1.88B in sales. Current P/E ratio is 7.82 and Fwd P/E is 12.64. Profit margin for the company is 4.95%. Distance from 52-week low is 14.19% and -33.46% from its 52-week high. The company has generated returns on investments over the last 12 months (7.92%).
The EPS is expected to shrink by -37.95% this year.
SunCoke Energy Inc (SXC) Top Institutional Holders
The shares outstanding are 84.65M, and float is at 83.60M with Short Float at 4.35%.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.86 million shares valued at $135.79 million. The investor’s holdings represent 16.2817% of the SXC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.88 million shares valued at $67.4 million to account for 8.0816 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.49 million shares representing 7.6311% and valued at over $63.64 million, while FIRST TRUST ADVISORS LP holds 5.9211 of the shares totaling 5.04 million with a market value of $49.38 million.
SunCoke Energy Inc (SXC) Insider Activity
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SunCoke Energy Inc disclosed in a document filed with the SEC on May 24 ’24 that Quanci John F (Chief Technology Officer) sold a total of 4,532 shares of the company’s common stock. The trade occurred on May 24 ’24 and was made at $10.67 per share for $48356.0. Following the transaction, the insider now directly holds 19922.0 shares of the SXC stock.
