The stock of SunCoke Energy Inc (SXC) has seen a 4.67% increase in the past week, with a -6.02% drop in the past month, and a -6.53% decrease in the past quarter. The volatility ratio for the week is 2.24%, and the volatility levels for the past 30 days are at 2.84% for SXC. The simple moving average for the last 20 days is -1.92% for SXC stock, with a simple moving average of 2.91% for the last 200 days.
Is It Worth Investing in SunCoke Energy Inc (NYSE: SXC) Right Now?
The price-to-earnings ratio for SunCoke Energy Inc (NYSE: SXC) is above average at 14.33x. The 36-month beta value for SXC is also noteworthy at 1.13. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for SXC is 83.15M, and at present, short sellers hold a 3.96% of that float. The average trading volume of SXC on May 09, 2024 was 902.05K shares.
SXC) stock’s latest price update
The stock price of SunCoke Energy Inc (NYSE: SXC) has surged by 0.78 when compared to previous closing price of 10.23, but the company has seen a 4.67% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-01 that SunCoke Energy, Inc. (NYSE:SXC ) Q1 2024 Earnings Conference Call May 1, 2024 11:30 AM ET Company Participants Shantanu Agrawal – Vice President, Finance and Treasurer Katherine Gates – President Mark Marinko – Senior Vice President and Chief Financial Officer Mike Rippey – Chief Executive Officer Conference Call Participants Lucas Pipes – B. Riley Securities Nathan Martin – Benchmark Operator Good morning, everyone, and welcome to the SunCoke Energy First Quarter 2024 Earnings Call.
Analysts’ Opinion of SXC
Many brokerage firms have already submitted their reports for SXC stocks, with B. Riley Securities repeating the rating for SXC by listing it as a “Neutral.” The predicted price for SXC in the upcoming period, according to B. Riley Securities is $11 based on the research report published on August 03, 2023 of the previous year 2023.
SXC Trading at -4.34% from the 50-Day Moving Average
After a stumble in the market that brought SXC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.15% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares sank -4.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.53% lower at present.
During the last 5 trading sessions, SXC rose by +4.67%, which changed the moving average for the period of 200-days by +19.47% in comparison to the 20-day moving average, which settled at $10.49. In addition, SunCoke Energy Inc saw -4.00% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SXC starting from Rippey Michael G, who sale 78,714 shares at the price of $11.06 back on Mar 13 ’24. After this action, Rippey Michael G now owns 342,359 shares of SunCoke Energy Inc, valued at $870,577 using the latest closing price.
Rippey Michael G, the Chief Executive Officer of SunCoke Energy Inc, sale 100,000 shares at $11.05 during a trade that took place back on Mar 12 ’24, which means that Rippey Michael G is holding 421,073 shares at $1,105,000 based on the most recent closing price.
Stock Fundamentals for SXC
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.13 for the gross margin
The net margin for SunCoke Energy Inc stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 10.06, with 3.68 for asset returns.
Based on SunCoke Energy Inc (SXC), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is 4.84.
Currently, EBITDA for the company is 267.9 million with net debt to EBITDA at 1.38. When we switch over and look at the enterprise to sales, we see a ratio of 0.6. The receivables turnover for the company is 18.61for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.06.
Conclusion
In summary, SunCoke Energy Inc (SXC) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
