Pyxus International (NYSE:PYX) announced its quarterly earnings results on Thursday. The company reported ($6.04) EPS for the quarter, Morningstar.com reports. The business had revenue of $394.88 million for the quarter. Pyxus International had a return on equity of 4.29% and a net margin of 4.53%.
PYX traded down $2.88 during midday trading on Friday, reaching $15.38. 2,714,597 shares of the company’s stock were exchanged, compared to its average volume of 690,528. The stock has a market cap of $224.20 million, a price-to-earnings ratio of 20.49 and a beta of 0.31. The company has a quick ratio of 0.70, a current ratio of 1.82 and a debt-to-equity ratio of 3.24. Pyxus International has a one year low of $12.00 and a one year high of $52.43.
Institutional investors and hedge funds have recently made changes to their positions in the business. Donald Smith & CO. Inc. bought a new position in Pyxus International during the third quarter worth about $15,338,000. Bank of New York Mellon Corp acquired a new stake in shares of Pyxus International during the third quarter worth approximately $758,000. Acadian Asset Management LLC acquired a new stake in shares of Pyxus International during the third quarter worth approximately $696,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Pyxus International during the third quarter worth approximately $286,000. Finally, American International Group Inc. acquired a new stake in shares of Pyxus International during the third quarter worth approximately $128,000. Hedge funds and other institutional investors own 67.33% of the company’s stock.
A number of brokerages have commented on PYX. TheStreet upgraded shares of Pyxus International from a “d+” rating to a “c” rating in a research note on Wednesday, September 12th. Cann restated a “buy” rating on shares of Pyxus International in a research note on Thursday, October 11th. They noted that the move was a valuation call.
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Pyxus International Company Profile
Pyxus International, Inc, an agricultural company, engages in the provision of various agricultural products, ingredients, and services to businesses and customers. It offers products in the leaf tobacco, e-liquids, industrial hemp, and cannabis industries. The company was formerly known as Alliance One International, Inc and changed its name to Pyxus International, Inc in September 2018.
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