SunCoke Energy Inc. SXC Stock Analysis

SunCoke Energy Inc. stock trades under the ticker SXC & has shown recent bullish behavior amid a volatile market.

SXC stock closed at $7.16/share on 8/12/2022.

SunCoke Energy Inc. SXC Stock’s Technical Performance Broken Down

SunCoke Energy Inc. SXC Stock's Technical Performance Over The Last Year

SXC Stock Price: $7.16

10 Day Moving Average: $6.96

50 Day Moving Average: $7.09

200 Day Moving Average: $7.42

RSI: 53.88

MACD: -0.026

On Friday, SXC stock completed a bullish MACD crossover, break out & closing above its 50 day moving average.

Recent trading volumes have been about average for shares of SXC & their RSI is still neutral, signaling that there could be more near-term momentum.

They have support at the $7.14 & $7.10 price levels, as they try to break above the $7.24 & $7.41/share resistance levels.

SunCoke Energy Inc. SXC Stock As A Long-Term Investment

Long-term oriented investors will like SXC stock’s valuation metrics, with a 6.99 P/E (ttm) & a 1.07 P/B (mrq).

They recently reported 37.8% Quarterly Revenue Growth Y-o-Y.

Their balance sheet will require an additional examination before making an investment, with $63.4M of Total Cash (mrq) & $597.8M of Total Debt (mrq).

SXC stock pays a 3.4% dividend yield, which appears stable in the long-term, as their payout ratio is 24.24%.

90.8% of SXC stock’s outstanding share float is owned by institutional investors.

SunCoke Energy Inc. SXC Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to hedge against market volatility, while profiting from SXC stock’s price movements.

I am looking at the contracts with the 9/16 expiration date.

The $2.50 & $5 call options are both in the money, with the former being less liquid than the latter.

The $7.50, $10 & $12.50 puts are also in-the-money, listed from highest to lowest levels of open interest.

Tying It All Together

SXC stock has many interesting attributes that traders & investors are sure to like.

Investors will like their valuation metrics & dividend yield, but may want to review their balance sheet in more detail before investing.

Traders will like their technical strength during volatility, but may be disappointed in the limited strike prices that a low-price stock like this has.

Overall, it is worth taking a closer look into SXC stock to see how it fits into your portfolio strategy.