SunCoke Energy, Inc. (SXC) Insider Sells $50,528.28 in Stock
SunCoke Energy, Inc. (NYSE:SXC) insider Phillip Michael Hardesty sold 4,444 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $11.37, for a total transaction of $50,528.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of SunCoke Energy, Inc. (NYSE:SXC) remained flat at $$11.39 during mid-day trading on Friday. The company’s stock had a trading volume of 620,300 shares, compared to its average volume of 690,534. The stock has a market capitalization of $724.00, a P/E ratio of 28.85 and a beta of 1.30. SunCoke Energy, Inc. has a 12-month low of $7.66 and a 12-month high of $13.14. The company has a quick ratio of 1.04, a current ratio of 1.58 and a debt-to-equity ratio of 1.69.
SunCoke Energy (NYSE:SXC) last issued its earnings results on Thursday, October 26th. The energy company reported $0.18 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.26. The firm had revenue of $339.00 million during the quarter, compared to analysts’ expectations of $344.40 million. SunCoke Energy had a return on equity of 4.60% and a net margin of 0.42%. SunCoke Energy’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share. analysts predict that SunCoke Energy, Inc. will post -0.16 EPS for the current fiscal year.
A number of hedge funds have recently modified their holdings of SXC. Fox Run Management L.L.C. bought a new position in SunCoke Energy in the third quarter worth $124,000. Advisor Partners LLC lifted its holdings in shares of SunCoke Energy by 0.3% during the second quarter. Advisor Partners LLC now owns 11,765 shares of the energy company’s stock valued at $128,000 after acquiring an additional 41 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of SunCoke Energy by 78.5% during the second quarter. State of Alaska Department of Revenue now owns 12,693 shares of the energy company’s stock valued at $138,000 after acquiring an additional 5,583 shares during the period. Quantbot Technologies LP bought a new position in shares of SunCoke Energy during the third quarter valued at $142,000. Finally, Piedmont Investment Advisors LLC bought a new position in shares of SunCoke Energy during the second quarter valued at $152,000. 90.90% of the stock is owned by hedge funds and other institutional investors.
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About SunCoke Energy
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.
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