Sinocoking Coal And Coke Chemicals (SCOK) Highlighted As Today's Perilous Reversal Stock

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Trade-Ideas LLC identified Sinocoking Coal and Coke Chemicals ( SCOK) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Sinocoking Coal and Coke Chemicals as such a stock due to the following factors:

  • SCOK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $53.9 million.
  • SCOK has traded 70,697 shares today.
  • SCOK is down 6.7% today.
  • SCOK was up 19.4% yesterday.

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More details on SCOK:

SinoCoking Coal and Coke Chemical Industries, Inc. operates as a coal and coke producer in the People's Republic of China. Its products include raw coal, washed coal, medium or mid-coal, coal slurries, coke, coal tar, and crude benzol. It provides metallurgical coke for steel manufacturing. SCOK has a PE ratio of 127.4.

The average volume for Sinocoking Coal and Coke Chemicals has been 1.4 million shares per day over the past 30 days. Sinocoking Coal and Coke has a market cap of $134.5 million and is part of the basic materials sector and metals & mining industry. The stock has a beta of 1.06 and a short float of 2% with 0.03 days to cover. Shares are up 365.5% year-to-date as of the close of trading on Monday.

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