SunCoke Energy, Inc. (SXC) Director Sells $175,200.00 in Stock
SunCoke Energy, Inc. (NYSE:SXC) Director James E. Sweetnam sold 20,000 shares of the stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $8.76, for a total transaction of $175,200.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $87,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
SunCoke Energy, Inc. (NYSE:SXC) traded up 0.69% during mid-day trading on Tuesday, hitting $8.77. 282,563 shares of the stock traded hands. SunCoke Energy, Inc. has a 52 week low of $6.36 and a 52 week high of $13.14. The firm’s market cap is $564.17 million. The firm’s 50-day moving average price is $9.07 and its 200-day moving average price is $9.30.
SunCoke Energy (NYSE:SXC) last issued its earnings results on Thursday, July 27th. The energy company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.07. The company had revenue of $323.20 million during the quarter, compared to analysts’ expectations of $347.90 million. SunCoke Energy had a negative net margin of 0.01% and a positive return on equity of 3.27%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.07) EPS. On average, equities analysts forecast that SunCoke Energy, Inc. will post ($0.34) earnings per share for the current fiscal year.
Several research firms recently issued reports on SXC. BidaskClub raised shares of SunCoke Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research raised shares of SunCoke Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Finally, TheStreet lowered shares of SunCoke Energy from a “c-” rating to a “d+” rating in a research report on Friday, August 4th.
Large investors have recently modified their holdings of the company. Two Sigma Securities LLC acquired a new position in shares of SunCoke Energy in the 1st quarter valued at approximately $121,000. Advisor Partners LLC raised 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 buying an additional 41 shares in the last quarter. Mason Street Advisors LLC raised 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 buying an additional 975 shares in the last quarter. State of Alaska Department of Revenue raised 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 buying an additional 5,583 shares in the last quarter. Finally, Sterneck Capital Management LLC acquired a new position in shares of SunCoke Energy in the 1st quarter valued at approximately $148,000. Institutional investors own 90.24% of the company’s stock.
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.