$888.61K in average volume shows that SunCoke Energy Inc (SXC) is heading in the right direction

SunCoke Energy Inc (NYSE: SXC) kicked off on Tuesday, down -2.58% from the previous trading day ,before settling in for the closing price of $11.26. Over the past 52 weeks, SXC has traded in a range of $6.71-$11.48.

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Basic Materials Sector giant saw their annual sales surged by 8.58% over the last five years. While this was happening, its average annual earnings per share was recorded 25.74%. With a float of $82.86 million, this company’s outstanding shares have now reached $83.76 million.

The firm has a total of 871 workers. Let’s measure their productivity.

SunCoke Energy Inc (SXC) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Coking Coal Industry. The insider ownership of SunCoke Energy Inc is 1.10%, while institutional ownership is 90.95%. The most recent insider transaction that took place on Mar 13 ’24, was worth 870,577. In this transaction Chief Executive Officer of this company sold 78,714 shares at a rate of $11.06, taking the stock ownership to the 342,359 shares. Before that another transaction happened on Mar 12 ’24, when Company’s Chief Executive Officer sold 100,000 for $11.05, making the entire transaction worth $1,105,000. This insider now owns 421,073 shares in total.

SunCoke Energy Inc (SXC) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.16 earnings per share (EPS), higher than consensus estimate (set at $0.13) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 25.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 11.11% growth over the previous five years of trading.

SunCoke Energy Inc (NYSE: SXC) Trading Performance Indicators

Take a look at SunCoke Energy Inc’s (SXC) current performance indicators. Last quarter, stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 6.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.68, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.71 in one year’s time.

Technical Analysis of SunCoke Energy Inc (SXC)

Analysing the last 5-days average volume posted by the [SunCoke Energy Inc, SXC], we can find that recorded value of 0.54 million was lower than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 52.42%. Additionally, its Average True Range was 0.32.

During the past 100 days, SunCoke Energy Inc’s (SXC) raw stochastic average was set at 81.43%, which indicates a significant increase from 41.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.38% in the past 14 days, which was lower than the 29.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.94, while its 200-day Moving Average is $9.77. Now, the first resistance to watch is $11.29. This is followed by the second major resistance level at $11.61. The third major resistance level sits at $11.84. If the price goes on to break the first support level at $10.75, it is likely to go to the next support level at $10.52. Should the price break the second support level, the third support level stands at $10.20.

SunCoke Energy Inc (NYSE: SXC) Key Stats

The company with the Market Capitalisation of 919.07 million has total of 84,075K Shares Outstanding. Its annual sales at the moment are 2,063 M in contrast with the sum of 57,500 K annual income. Company’s last quarter sales were recorded 520,600 K and last quarter income was 13,800 K.