SunCoke Energy, Inc. (NYSE:SXC - Get Free Report) fell 3% during trading on Monday . The stock traded as low as $9.05 and last traded at $9.09. 484,750 shares changed hands during trading, a decline of 39% from the average session volume of 794,548 shares. The stock had previously closed at $9.37.
SunCoke Energy Stock Down 2.1 %
The company has a market capitalization of $773.09 million, a PE ratio of 8.18 and a beta of 0.98. The firm's 50-day simple moving average is $9.59 and its 200 day simple moving average is $9.96. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22.
SunCoke Energy (NYSE:SXC - Get Free Report) last issued its earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. As a group, equities research analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.
SunCoke Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.24%. SunCoke Energy's payout ratio is currently 42.86%.
Institutional Investors Weigh In On SunCoke Energy
Institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of SunCoke Energy by 835.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock worth $38,000 after purchasing an additional 3,242 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of SunCoke Energy by 71.3% during the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock worth $44,000 after buying an additional 1,730 shares during the last quarter. Virtus Fund Advisers LLC acquired a new position in shares of SunCoke Energy during the 4th quarter worth $57,000. KBC Group NV raised its stake in shares of SunCoke Energy by 61.1% during the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock worth $65,000 after buying an additional 2,307 shares during the last quarter. Finally, Tocqueville Asset Management L.P. acquired a new position in shares of SunCoke Energy during the 4th quarter worth $118,000. 90.45% of the stock is currently owned by hedge funds and other institutional investors.
About SunCoke Energy
(
Get Free Report)
SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.
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