SunCoke Energy (NYSE:SXC) Share Price Crosses Above Two Hundred Day Moving Average of $10.25

Shares of SunCoke Energy, Inc. (NYSE:SXC - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.25 and traded as high as $11.03. SunCoke Energy shares last traded at $10.74, with a volume of 572,216 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com raised SunCoke Energy from a "buy" rating to a "strong-buy" rating in a report on Monday, February 5th.

SunCoke Energy Stock Performance

The company has a current ratio of 1.86, a quick ratio of 1.05 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $894.93 million, a PE ratio of 16.06 and a beta of 1.17. The stock's 50 day moving average price is $10.95 and its two-hundred day moving average price is $10.25.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its quarterly earnings results on Thursday, February 1st. The energy company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. SunCoke Energy had a return on equity of 8.99% and a net margin of 2.79%. The company had revenue of $520.60 million during the quarter, compared to the consensus estimate of $406.40 million. During the same quarter last year, the business posted $0.14 earnings per share. SunCoke Energy's revenue was up 1.3% compared to the same quarter last year. On average, equities analysts expect that SunCoke Energy, Inc. will post 0.86 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $0.40 dividend on an annualized basis and a yield of 3.76%. SunCoke Energy's dividend payout ratio (DPR) is 41.79%.

Insider Transactions at SunCoke Energy

In other SunCoke Energy news, CEO Michael G. Rippey sold 122,533 shares of SunCoke Energy stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $11.11, for a total value of $1,361,341.63. Following the completion of the sale, the chief executive officer now directly owns 521,073 shares of the company's stock, valued at approximately $5,789,121.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other SunCoke Energy news, CEO Michael G. Rippey sold 122,533 shares of the firm's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $11.11, for a total value of $1,361,341.63. Following the sale, the chief executive officer now directly owns 521,073 shares of the company's stock, valued at approximately $5,789,121.03. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael G. Rippey sold 78,714 shares of the company's stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $11.06, for a total transaction of $870,576.84. Following the transaction, the chief executive officer now directly owns 342,359 shares of the company's stock, valued at approximately $3,786,490.54. The disclosure for this sale can be found here. Insiders sold a total of 251,572 shares of company stock worth $2,781,834 over the last ninety days. 1.73% of the stock is currently owned by corporate insiders.

Institutional Trading of SunCoke Energy

Several institutional investors have recently made changes to their positions in the stock. Swiss National Bank grew its position in SunCoke Energy by 0.9% during the third quarter. Swiss National Bank now owns 184,050 shares of the energy company's stock valued at $1,868,000 after acquiring an additional 1,700 shares during the period. AQR Capital Management LLC increased its position in SunCoke Energy by 5.0% during the 3rd quarter. AQR Capital Management LLC now owns 638,418 shares of the energy company's stock worth $6,480,000 after purchasing an additional 30,213 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in SunCoke Energy by 67.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 199,360 shares of the energy company's stock valued at $2,024,000 after buying an additional 80,358 shares during the period. American Century Companies Inc. lifted its position in SunCoke Energy by 9.1% during the third quarter. American Century Companies Inc. now owns 1,532,018 shares of the energy company's stock valued at $15,550,000 after buying an additional 127,997 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in SunCoke Energy by 93.9% during the third quarter. Assenagon Asset Management S.A. now owns 1,146,422 shares of the energy company's stock valued at $11,636,000 after buying an additional 555,271 shares in the last quarter. 90.45% of the stock is owned by hedge funds and other institutional investors.

About SunCoke Energy

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.