Pyxis Tankers (PXS) Upgraded at ValuEngine

ValuEngine upgraded shares of Pyxis Tankers (NASDAQ:PXS) from a sell rating to a hold rating in a research note published on Friday morning.

A number of other research firms have also recently issued reports on PXS. Maxim Group decreased their price objective on shares of Pyxis Tankers from $4.00 to $3.00 and set a buy rating on the stock in a research report on Friday, November 10th. Aegis assumed coverage on shares of Pyxis Tankers in a research report on Wednesday, August 9th. They issued a buy rating and a $3.50 price objective on the stock.

Pyxis Tankers (NASDAQ PXS) traded up $2.08 during mid-day trading on Friday, hitting $4.10. 14,006,400 shares of the company’s stock were exchanged, compared to its average volume of 86,685. Pyxis Tankers has a 12-month low of $0.90 and a 12-month high of $9.20. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.12 and a current ratio of 0.17.

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Pyxis Tankers Company Profile

Pyxis Tankers Inc is a holding company. The Company is an international maritime transportation company focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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