Alert: Major Price Decline (8/1/24)-SunCoke Energy Inc (NYSE: SXC).

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SunCoke Energy Inc (NYSE: SXC) stock closed at $10.37 on 8/1/24 after a major decline of -11.4%. Moreover, trading volume in this decline was exceptionally high at 225% of normal. The stock has declined -3.7% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

SXC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

SunCoke Energy has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. SunCoke Energy has a neutral Appreciation Score of 51 and a neutral Power Rating of 52, and the Neutral Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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