Alert: Major Price Advance (10/31/24)-SunCoke Energy Inc (NYSE: SXC).

out_logo_500#67652.jpg

SunCoke Energy Inc (NYSE: SXC) stock enjoyed a major increase of 19.6% on 10/31/24. The shares closed at $10.31. Moreover, trading volume in this advance was above average at 149% of normal. Relative to the market the stock has been weak over the last nine months but has risen 21.9% during the last week.

out_mm#67652.jpg

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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SunCoke Energy has a neutral Appreciation Score of 58 but a very low Power Rating of 8, triggering the Negative Value Trend Rating.

Rating Review

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

Be the first to comment

Leave a Reply

Your email address will not be published.


*