Shares of SunCoke Energy Inc. (NYSE:SXC) were down 2.9% during mid-day trading on Thursday . The company traded as low as $6.03 and last traded at $6.05, with a volume of 410,058 shares trading hands. The stock had previously closed at $6.23.

A number of analysts have issued reports on SXC shares. FBR & Co reiterated a “buy” rating and issued a $9.00 target price on shares of SunCoke Energy in a research note on Thursday, April 7th. Zacks Investment Research lowered shares of SunCoke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 4th. Finally, Bank of America Corp. reissued an “underperform” rating on shares of SunCoke Energy in a research report on Thursday, March 17th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $9.31.

The stock’s market cap is $392.02 million. The company’s 50-day moving average price is $5.94 and its 200-day moving average price is $5.23.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Wednesday, April 27th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by $0.10. The company earned $311.10 million during the quarter, compared to analyst estimates of $318.95 million. During the same period last year, the firm posted ($0.06) earnings per share. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. On average, equities research analysts forecast that SunCoke Energy Inc. will post $0.08 EPS for the current year.

A hedge fund recently raised its stake in SunCoke Energy stock. Principal Financial Group Inc. raised its position in SunCoke Energy Inc. (NYSE:SXC) by 2.8% during the fourth quarter, Holdings Channel reports. The fund owned 433,065 shares of the company’s stock after buying an additional 11,642 shares during the period. Principal Financial Group Inc. owned 0.68% of SunCoke Energy worth $1,502,000 at the end of the most recent quarter.

SunCoke Energy, Inc (SunCoke) is an independent producer of coke, a principal raw material in the blast furnace steelmaking process. The Company operates through four segments: Domestic Coke, Brazil Coke, India Coke and Coal Logistics. The Company’s Domestic Coke consists of its 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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