Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
SunCoke Energy Inc (NYSE: SXC) closed the day trading at $8.41 down -1.64% from the previous closing price of $8.55. In other words, the price has decreased by -$1.64 from its previous closing price. On the day, 1.0 million shares were traded. SXC stock price reached its highest trading level at $8.62 during the session, while it also had its lowest trading level at $8.35.
Ratios:
For a better understanding of SXC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on August 03, 2023, Downgraded its rating to Neutral and sets its target price to $11 from $12 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 31 ’24 when Rippey Michael G bought 89,000 shares for $11.62 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SXC now has a Market Capitalization of 711915776 and an Enterprise Value of 1059052928. As of this moment, SunCoke’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.71, and their Forward P/E ratio for the next fiscal year is 12.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 0.562 whereas that against EBITDA is 4.047.
Stock Price History:
The Beta on a monthly basis for SXC is 1.08, which has changed by -0.23126143 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, SXC has reached a high of $12.82, while it has fallen to a 52-week low of $7.47. The 50-Day Moving Average of the stock is -0.33%, while the 200-Day Moving Average is calculated to be -12.38%.
Shares Statistics:
Over the past 3-months, SXC traded about 932.00K shares per day on average, while over the past 10 days, SXC traded about 838310 shares per day. A total of 84.65M shares are outstanding, with a floating share count of 83.83M. Insiders hold about 0.97% of the company’s shares, while institutions hold 95.39% stake in the company. Shares short for SXC as of 1749772800 were 3092890 with a Short Ratio of 4.59, compared to 1747267200 on 3154199. Therefore, it implies a Short% of Shares Outstanding of 3092890 and a Short% of Float of 4.46.
Dividends & Splits
SXC’s forward annual dividend rate is 0.48, up from 0.46 a year ago. Against a Trailing Annual Dividend Yield of 0.053801168The stock’s 5-year Average Dividend Yield is 4.04.
