The SVP of SunCoke Energy (NYSE: SXCP) is Buying Shares


Today, the SVP of SunCoke Energy (NYSE: SXCP), Hardesty Phillip Michael, bought shares of SXCP for $39.13K.

This recent transaction increases Hardesty Phillip Michael’s holding in the company by 102.84% to a total of $76.43K. This is Michael’s first transaction since reporting a Sell transaction on SXC back in December 2017

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Based on SunCoke Energy’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $215 million and quarterly net profit of $11.9 million. In comparison, last year the company earned revenue of $196 million and had a GAAP net loss of $128 million. SXCP’s market cap is $716.5M and the company has a P/E ratio of 14.69. Currently, SunCoke Energy has an average volume of 95.43K.

Starting in January 2015, SXCP received 11 Buy ratings in a row. Three different firms, including B.Riley FBR and BB&T, currently also have a Buy rating on the stock.

Hardesty Phillip Michael’s trades have generated a -8.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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SunCoke Energy Partners LP manufactures coke used in the blast furnace production of steel. The company operates its business through two segments: Domestic Coke and Coal Logistics. The Domestic Coke segment consists of its Haverhill and Middletown coke making and heat recovery operations located in Franklin Furnace, Ohio and Middletown, Ohio, respectively.

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