A major move is in the offing as SunCoke Energy Inc (SXC) market cap hits 712.24 million

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On Monday, SunCoke Energy Inc (NYSE: SXC) opened lower -3.31% from the last session, before settling in for the closing price of $8.76. Price fluctuations for SXC have ranged from $7.47 to $11.85 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 8.58%. Company’s average yearly earnings per share was noted 35.29% at the time writing. With a float of $83.16 million, this company’s outstanding shares have now reached $83.76 million.

Considering the fact that the conglomerate employs 871 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 11.56%, operating margin of 6.25%, and the pretax margin is 5.0%.

SunCoke Energy Inc (SXC) Insider Activity

A key investor’s attitude towards the stock of the Coking Coal industry is another important factor to consider. The insider ownership of SunCoke Energy Inc is 1.11%, while institutional ownership is 92.24%. The most recent insider transaction that took place on Jul 31 ’24, was worth 1,033,812. Before that another transaction happened on May 24 ’24, when Company’s Chief Technology Officer sold 4,532 for $10.67, making the entire transaction worth $48,356. This insider now owns 19,922 shares in total.

SunCoke Energy Inc (SXC) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.08 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.18) by -0.1. 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 35.29% 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

Check out the current performance indicators for SunCoke Energy Inc (SXC). In the past quarter, the stock posted a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 12.07.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.73, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 0.69 in one year’s time.

Technical Analysis of SunCoke Energy Inc (SXC)

Compared to the last year’s volume of 0.84 million, its volume of 0.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.16%. Additionally, its Average True Range was 0.24.

During the past 100 days, SunCoke Energy Inc’s (SXC) raw stochastic average was set at 22.83%, which indicates a significant decrease from 47.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.38% in the past 14 days, which was lower than the 38.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.48, while its 200-day Moving Average is $9.99. Nevertheless, the first resistance level for the watch stands at $8.67 in the near term. At $8.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.98. If the price goes on to break the first support level at $8.36, it is likely to go to the next support level at $8.26. Should the price break the second support level, the third support level stands at $8.05.

SunCoke Energy Inc (NYSE: SXC) Key Stats

There are currently 84,075K shares outstanding in the company with a market cap of 712.24 million. Presently, the company’s annual sales total 2,063 M according to its annual income of 57,500 K. Last quarter, the company’s sales amounted to 470,900 K and its income totaled 21,500 K.