SunCoke Energy Inc. (SXC) Shares Up 2.4%
Shares of SunCoke Energy Inc. (NYSE:SXC) shot up 2.4% on Monday . The stock traded as high as $7.38 and last traded at $7.32, with a volume of 278,944 shares trading hands. The stock had previously closed at $7.15.
Several research firms have recently weighed in on SXC. FBR & Co reissued a “buy” rating and issued a $9.00 price target on shares of SunCoke Energy in a research note on Thursday, April 7th. Zacks Investment Research cut shares of SunCoke Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 4th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. SunCoke Energy has a consensus rating of “Hold” and an average target price of $10.50.
The company has a 50-day moving average of $6.36 and a 200 day moving average of $5.57. The company’s market cap is $509.11 million.
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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