Shares of SunCoke Energy Inc. (NYSE:SXC) fell 3.7% during trading on Friday . The company traded as low as $7.04 and last traded at $7.09, with a volume of 137,362 shares. The stock had previously closed at $7.36.

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

The company’s market capitalization is $453.75 million. The stock’s 50 day moving average is $6.89 and its 200 day moving average is $5.96.

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

In other SunCoke Energy news, major shareholder Mangrove Partners Fund (Cayman bought 291,478 shares of SunCoke Energy stock in a transaction that occurred on 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 accessible 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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