SunCoke Energy Inc. (SXC) Shares Gap Up to $7.60
SunCoke Energy Inc. (NYSE:SXC)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $7.56, but opened at $7.60. SunCoke Energy shares last traded at $8.11, with a volume of 394,467 shares changing hands.
Several research firms recently weighed in on SXC. FBR & Co reiterated a “buy” rating and set a $9.00 target price on shares of SunCoke Energy in a research report on Thursday, April 7th. Zacks Investment Research downgraded SunCoke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 4th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. SunCoke Energy currently has a consensus rating of “Hold” and an average price target of $10.50.
The firm’s market cap is $513.92 million. The company’s 50 day moving average price is $6.40 and its 200-day moving average price is $5.58.
SunCoke Energy, Inc is an independent producer of coke in the Americas. The Company also provides coal handling and/or mixing services at its Coal Logistics terminals. The Company’s segments include Domestic Coke, Brazil Coke, India Coke, Coal Logistics, and Corporate and Other. The Domestic Coke segment consists of its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown cokemaking and heat recovery operations located in Vansant, Virginia; East Chicago, Indiana; Franklin Furnace, Ohio; Granite City, Illinois, and Middletown, Ohio, respectively.
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