SunCoke Energy Inc. (NYSE:SXC) traded down 4.6% during trading on Friday . The stock traded as low as $6.81 and last traded at $6.85, with a volume of 556,157 shares changing hands. The stock had previously closed at $7.18.

Separately, Zacks Investment Research downgraded shares of SunCoke Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $10.50.

The firm’s 50 day moving average is $7.08 and its 200 day moving average is $6.08. The company’s market cap is $435.13 million.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings results on Thursday, July 28th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.05. During the same period in the previous year, the firm earned ($0.04) EPS. The firm earned $292.70 million during the quarter, compared to analysts’ expectations of $286.20 million. SunCoke Energy’s quarterly revenue was down 15.9% on a year-over-year basis. On average, equities analysts predict that SunCoke Energy Inc. will post $0.06 EPS for the current year.

In related news, major shareholder Mangrove Partners Fund (Cayman purchased 291,478 shares of SunCoke Energy stock in a transaction dated Thursday, July 28th. The stock was purchased at an average cost of $6.98 per share, for a total transaction of $2,034,516.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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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