SunCoke Energy Inc (NYSE:SXC) shares, rose in value on Friday, March 07, with the stock price up by 0.67% to the previous day’s close as strong demand from buyers drove the stock to $9.05.
Actively observing the price movement in the last trading, the stock closed the session at $8.99. The PE ratio was 8.05 over 12-month period. Referring to stock’s 52-week performance, its high was $12.82, and the low was $7.47. On the whole, SXC has fluctuated by -7.65% over the past month.
With the market capitalization of SunCoke Energy Inc currently standing at about $763.38 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 5.08%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.56B, with a low estimate of 371.6M and a high estimate of 371.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 371.6M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SXC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of SXC currently trading nearly -3.21% and -8.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.98, while the 7-day volatility ratio is showing 3.16% which for the 30-day chart, stands at 2.92%. Furthermore, SunCoke Energy Inc (SXC)’s beta value is 0.90, and its average true range (ATR) is 0.28.
A comparison of SunCoke Energy Inc (SXC) with its peers suggests the former has fared considerably weaker in the market. SXC showed an intraday change of 0.67% in last session, and over the past year, it shrunk by -14.62%%.
Data on historical trading for SunCoke Energy Inc (NYSE:SXC) indicates that the trading volumes over the past 3 months, they’ve averaged 1.05 million. According to company’s latest data on outstanding shares, there are 84.35 million shares outstanding.
Nearly 1.23% of SunCoke Energy Inc’s shares belong to company insiders and institutional investors own 94.16% of the company’s shares. The stock has fallen by -15.42% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SXC stock heading into the next quarter.