ValuEngine Upgrades Pyxis Tankers (PXS) to Hold
Pyxis Tankers (NASDAQ:PXS) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday.
PXS has been the subject of a number of other research reports. Maxim Group set a $4.00 target price on shares of Pyxis Tankers and gave the company a “buy” rating in a research report on Friday, August 11th. 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 target price for the company.
Pyxis Tankers (NASDAQ PXS) traded up $2.08 during trading on Friday, reaching $4.10. 13,987,200 shares of the company were exchanged, compared to its average volume of 130,021. Pyxis Tankers has a 1-year low of $0.90 and a 1-year high of $9.20. The company has a quick ratio of 0.12, a current ratio of 0.17 and a debt-to-equity ratio of 1.41.
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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